Bloomberg News

Crude Oil Rises to $100 a Barrel for First Time Since July 26

November 16, 2011

Nov. 16 (Bloomberg) -- Crude oil futures in New York rose above $100 a barrel for the first time since July 26.

Oil for December delivery rose 52 cents, or 0.5 percent, to $99.89 at 8:46 a.m. on the New York Mercantile Exchange after rising to $100.30.

To contact the reporter on this story: Mark Shenk in New York at mshenk1@bloomberg.net

To contact the editor responsible for this story: Bill Banker at bbanker@bloomberg.net


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