Oil skids 0.4%; gold falls 0.8% on Fed tapering bets

Oil futures fell for a fourth straight session as bets over a diplomatic solution to Syria and Iran further eased worries over Middle East oil supplies. But prices held their ground above $103 a barrel by the close. November crude skidded 0.4 percent to close at $103.13 a barrel on the New York Mercantile Exchange. Prices have now tallied a four-session loss of 4.5 percent.



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