Oil Futures Slide in New York, Trimming Third Weekly Gain
Oil for September delivery slid as much as 0.4 percent in New York, trimming a third weekly gain.
Futures were 29 cents lower, or 0.3 percent, at $95.31 a barrel in electronic trading on the New York Mercantile Exchange at 8:30 a.m. in Singapore. They rose 1.4 percent yesterday to the highest in three months.
To contact the reporter on this story: Jacob Adelman in Tokyo at firstname.lastname@example.org
To contact the editor responsible for this story: Alexander Kwiatkowski at email@example.com