Bloomberg News

Oil Advances From Lowest Settlement in Almost a Week in New York Trading

March 12, 2012

Oil for April delivery rose as much as 40 cents, or 0.4 percent, to $106.74 a barrel in electronic trading on the New York Mercantile Exchange. It was at $106.72 at 12:50 p.m. Sydney time. The contract yesterday fell $1.06, or 1 percent, to $106.34, the lowest close since March 7.

To contact the editor responsible for this story: Paul Gordon at

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