Bloomberg News

Oil in New York Erases Gains; Brent Crude Declines in London

October 17, 2011

Oct. 17 (Bloomberg) -- Oil erased earlier gains on the New York Mercantile Exchange, where the November contract fell as much as 21 cents to $86.59 a barrel and was at $86.61 at 12:10 p.m. London time.

Brent for December settlement on the ICE Futures Europe exchange in London declined 91 cents to $111.32 a barrel.

To contact the editor responsible for this story: John Buckley at

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