Summary Box: Oil prices fall on reserve hopes

AP News
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Posted: Mar 29, 2012 5:36 PM
Summary Box: Oil prices fall on reserve hopes

OIL'S BIG MOVE: Oil closed at $102.78, down $2.63, after France's prime minister said there is a "good chance" that the U.S. and Europe will agree to release some of their oil reserves.

GOLD LOSES LUSTER: Gold fell $5.70 to $1,652.20 per ounce. It has fallen 3 percent this month.

AG WATCH: Most agricultural commodities fell, including wheat, corn and soybeans. Sugar was the main exception.