Oil Slides in London as Libyan Rebels Enter Tripoli, New York Crude Rises

Oil futures rose 0.4 percent in New York, paring earlier losses, to trade at $82.70 a barrel. Brent crude slumped 1.6 percent to $106.92, narrowing the premium to U.S. prices from a record settlement on Aug. 19.

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.