Bloomberg News

Oil in New York Erases Gain, Declines From Three-Month High

November 09, 2011

Nov. 9 (Bloomberg) -- Oil erased earlier gains in New York, declining from its highest price in more than three months.

Crude for December delivery was down 16 cents at $96.64 a barrel in electronic trading on the New York Mercantile Exchange at 8:20 a.m. London time, after advancing as much as 0.5 percent to $97.32, the highest price since Aug.1.

To contact the editor responsible for this story: John Buckley at johnbuckley@bloomberg.net


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