Bloomberg News

Oil Trades Little Changed Near Lowest in Six Months in New York

May 20, 2012

Oil traded near the lowest close in more than six months in New York after sliding for a third week.

Crude for June delivery was at $91.63 a barrel, up 15 cents, or 0.2 percent, in electronic trading on the New York Mercantile Exchange at 8:19 a.m. in Singapore. It earlier fell as much as 0.7 percent.

To contact the reporter on this story: Ben Sharples in Melbourne at bsharples@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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