Nov. 3 (Bloomberg) -- Crude oil futures fell below $78 a barrel in New York, trimming yesterday’s gains.

Oil for December delivery fell as much as 46 cents,or 0.6 percent, to $77.67 a barrel in electronic trading on the New York Mercantile Exchange and traded at $77.71 at 8:21 a.m. London time.

Last Updated: November 3, 2009 03:25 EST