Bloomberg News

Crude Oil Pares Gain in New York, Trades Near Three-Month High

November 07, 2011

Nov. 7 (Bloomberg) -- Oil pared gains in New York after rising as much as 0.7 percent. Crude for December delivery was at $94.30 a barrel, up 4 cents, at 3:30 p.m. Beijing time in electronic trading on the New York Mercantile Exchange. The contract advanced 19 cents, or 0.2 percent, to $94.26 on Nov. 4, the highest since Aug. 1.

To contact the editor responsible for this story: Paul Gordon at pgordon6@bloomberg.net


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