Crude Oil Declines From Highest in Two Days in New York Trading

Oil for May delivery slid as much as 42 cents, or 0.4 percent, to $106.45 a barrel in electronic trading on the New York Mercantile Exchange. The contract was at $106.50 at 5:33 p.m. Sydney time.

Prices rose $1.52 to $106.87 on March 23, the highest close since March 21.

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

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.