Bloomberg News

Crude Oil Slides in New York Trading, Erasing Earlier Gains

November 07, 2011

Nov. 7 (Bloomberg) -- Oil fell in New York, after earlier rising as much as 0.7 percent. Crude for December delivery was at $94.96 a barrel, down 30 cents, at 3:55 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

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