Bloomberg News

N.Y. Crude Oil Futures Rise, Reversing Earlier Decline of 1.8%

June 02, 2011

June 2 (Bloomberg) -- New York crude oil rose, reversing an earlier decline of as much as 1.8 percent.

Crude oil futures for July delivery increased 42 cents, or 0.4 percent, to $100.71 a barrel at 2:01 p.m. on the New York Mercantile Exchange. Oil earlier fell as low as $98.46 a barrel.

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