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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

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