NEW YORK (Reuters) - U.S. crude futures fell more than $2 on Thursday after weak third quarter economic data helped pressure oil from an early high that tested resistance above $70 a barrel and the dollar bounced off its low.
Crude futures retreated after U.S. GDP data showed a contraction in the third quarter, even though the contraction was not as bad as Wall Street expected.
On the New York Mercantile Exchange at 10:24 a.m. EDT, December crude was down $2.20, or 3.26 percent, at $65.30 a barrel, trading from $65.03 to $70.60.
