BS: Crude Oil Futures Fall, Reversing Earlier Gains as Euro Declines
By John Buckley
May 20 (Bloomberg) -- Crude oil fell, reversing earlier gains, as the euro declined against the dollar.
Crude oil for June delivery fell as much as 47 cents, or 0.7 percent, to $69.40 a barrel and traded at $69.52 in electronic trading on the New York Mercantile Exchange at 11:09 a.m. London time. The euro fell to $1.2356 from $1.2415 after rising as high as $1.2437.
To contact the editor responsible for this story: John Buckley at johnbuckley@bloomberg.net