Bloomberg News

Crude Declines From Highest Level in Three Months in New York

November 15, 2011

Nov. 16 (Bloomberg) -- Oil fell from the highest level in more than three months in electronic trading on the New York Mercantile Exchange. Futures slid as much as 50 cents, or 0.5 percent, to $98.87 a barrel and were at $98.88 at 1:05 p.m. Sydney time. The contract yesterday advanced $1.23 to $99.37 yesterday, the highest settlement since July 26.

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


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