Oil Pares Earlier Loss to Trade Near Highest Close in Two Weeks

Oil pared earlier losses in New York to trade near the highest close in more than two weeks.

Crude for September delivery was at $92.09 a barrel, down 11 cents, or 0.1 percent, in electronic trading on the New York Mercantile Exchange at 9:56 a.m. in Singapore. It earlier fell as much as 0.4 percent.

To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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