Oil Trades Little Changed Near Lowest in Six Months in New York
By Ben Sharples -
2012-05-21T00:20:45Z
Oil traded near the lowest close in more than six months in New York after sliding for a third week.
Crude for June delivery was at $91.63 a barrel, up 15 cents, or 0.2 percent, in electronic trading on the New York Mercantile Exchange at 8:19 a.m. in Singapore. It earlier fell as much as 0.7 percent.
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
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