Oil pared earlier losses in New York to trade near the highest close in more than two weeks.

Crude for September delivery was at $92.09 a barrel, down 11 cents, or 0.1 percent, in electronic trading on the New York Mercantile Exchange at 9:56 a.m. in Singapore. It earlier fell as much as 0.4 percent.

To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net

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