Bloomberg News

Oil Rises 0.4% in New York, Gaining for First Time in Five Days

May 16, 2012

Oil for June delivery climbed as much as 40 cents, or 0.4 percent, to $93.21 a barrel in electronic trading on the New York Mercantile Exchange and was at $93.18 at 10:22 a.m. Sydney time. Prices advanced for the first time in five days.

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

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