Crude Oil Rises in New York Trading, Paring Second Weekly Drop

Oil for May delivery rose as much 39 cents, or 0.4 percent, to $105.74 a barrel in electronic trading on the New York Mercantile Exchange and was at $105.69 at 9:42 a.m. Tokyo time. Futures slid $1.92 yesterday to $105.35 and are down 1.3 percent this week.

To contact the editor responsible for this story: Paul Gordon at pgordon6@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.