Crude Oil Futures Snap Two Days of Gains in New York Trading

Oil futures dropped as much as 0.4 percent in New York, snapping two days of gains.

Crude for September delivery fell as much as 38 cents to $91.82 a barrel in electronic trading on the New York Mercantile Exchange and was at $91.86 a barrel at 8:11 a.m. in Singapore.

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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