BLBG: Crude Oil Futures Little Changed, Rebounding From Earlier 2.8% Decline
Crude oil was little changed in New York after rebounding from a 2.8 percent decline.
Crude for October delivery fell 25 cents to $85.05 a barrel at 9:54 a.m. on the New York Mercantile Exchange after falling as low as $82.95. Brent oil for October settlement gained 13 cents to $110.75 on the London-based ICE Futures Europe exchange.
To contact the reporter on this story: Mark Shenk in New York at mshenk1@bloomberg.net
To contact the editor responsible for this story: Bill Banker at bbanker@bloomberg.net