Oil prices fell for the second day running, albeit modestly — benchmark oil for April delivery was down 10 cents to $108.46 in electronic trading on the New York Mercantile Exchange. Last Friday, it hit $109.77 a barrel, its highest close since May 3. Crude has soared from $96 earlier this month as stronger U.S. economic indicators bolstered investor confidence.
Pamela Sampson in Bangkok contributed to this report.
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