Oil Trades Little-Changed in New York; Heads for Monthly Gain

Oil for June delivery was little changed in New York, heading for a monthly gain.

Futures fluctuated after earlier falling as much as 27 cents, or 0.3 percent, to $104.66 a barrel on the New York Mercantile Exchange. They were at $104.95, up 2 cents, at 1:58 p.m. Singapore time. Prices are 1.9 percent stronger this month.

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

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.