Crude Oil Rises in New York, Reversing Earlier Loss of 1.2%

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By Dan Stets

February 1, 2011 at 2:40 PM UTC

This article is for subscribers only.

Crude oil rose in New York, reversing an earlier drop of as much as 1.2 percent.

Crude oil futures for March delivery climbed 9 cents to $92.28 a barrel at 9:38 a.m. on the New York Mercantile Exchange. Oil earlier fell as low as $91.06.