Bloomberg News

Crude Pares Gain in New York, Trades Near Highest in 12 Weeks

October 24, 2011

Oct. 25 (Bloomberg) -- Oil pared gains in New York after rising as much as 0.5 percent. Crude for December delivery was at $91.36 a barrel, up 9 cents, in electronic tradig on the New York Mercantile Exchange at 12:55 p.m. Sydney time. The contract yesterday increased $3.87 to $91.27, the highest close since Aug. 3.

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