Bloomberg News

Oil Falls From Three-Month High in N.Y, as Euro, Equities Slide

November 07, 2011

Nov. 7 (Bloomberg) -- Oil declined in New York, sliding from a three-month high as European equity markets declined and the euro weakened against the dollar.

Oil for December delivery was down 0.8 percent at $93.54 a barrel in electronic trading on the New York Mercantile Exchange at 8:56 a.m. London time, after rising as high as $94.96, the highest price since Aug. 2.

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