Bloomberg News

Oil Pares Drop in New York Trading; Brent Crude Gains in London

October 26, 2011

Oct. 26 (Bloomberg) -- Oil pared declines in New York. Crude for December delivery was at $93.04 a barrel, down 13 cents, in electronic trading on the New York Mercantile Exchange at 2:44 p.m. Sydney time, after earlier dropping as much as 0.9 percent. Brent crude for December settlement was at $111.25 a barrel, up 33 cents, on the London-based ICE Futures Europe exchange.

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