Ticker	Volume	Price	Price Delta
DJIA	12,514.80	+60.01	0.48%
S&P 500	1,325.68	+7.86	0.60%
Nasdaq	2,849.18	+11.65	0.41%

Ticker	Volume	Price	Price Delta
STOXX 50	2,160.31	+12.39	0.58%
FTSE 100	5,391.14	+34.80	0.65%
DAX	6,396.84	+73.65	1.16%

Ticker	Volume	Price	Price Delta
Nikkei	8,657.08	+63.93	0.74%
TOPIX	727.03	+5.92	0.82%
Hang Seng	19,055.50	+254.47	1.35%

Oil Pares Gains in New York as U.S. Stockpile Outlook Counters Iran Threat

By Ben Sharples - 2012-01-24T01:39:29Z

Oil fluctuated in New York, failing to extend yesterday’s gain, as speculation U.S. supplies rose last week countered concern Iran will respond to a European ban on its crude exports by shutting the Strait of Hormuz.

Crude for March delivery was little changed at $99.61 a barrel in electronic trading on the New York Mercantile Exchange at 12:37 p.m. in Sydney. The contract earlier rose as much as 40 cents to $99.98. Futures yesterday rose $1.25 to $99.58, the highest since Jan. 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