Breaking News

Axis Capital & PartnerRe to Combine in $11 Billion Merger

Crude Oil Advances From Lowest Settlement in Two Weeks in New York Trading

Oil for April delivery rose as much as 43 cents, or 0.4 percent, to $105.13 a barrel in electronic trading on the New York Mercantile Exchange. It was at $105.12 at 1:30 p.m. Sydney time.

The contract yesterday fell $2.02 to $104.70 a barrel, the lowest close since Feb. 17.

To contact the editor responsible for this story: Paul Gordon at

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.