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Gasoline, Heating Oil Slide Along With Crude, Metals, Equities

Gasoline and heating oil fell as crude oil tumbled amid expectations for higher supplies, equities retreated and silver plunged on higher margin requirements.

Heating oil sank 1.9 percent and gasoline lost 0.6 percent as crude oil slipped. Analysts surveyed by Bloomberg News projected U.S. oil stockpiles rose last week to a six-month high. Silver for July delivery declined 7.6 percent and the Standard & Poor’s 500 Index lost 0.7 percent as of 2:33 p.m. in New York.