BLBG:Oil Climbs for First Day in Three in New York Trading; Brent Crude Gains
Oil gained for the first day in three in New York. Crude for October delivery rose as much as 35 cents, or 0.4 percent, to $86.05 a barrel in electronic trading on the New York Mercantile Exchange. It earlier dropped as much as 0.7 percent and slid 2.6 percent yesterday to the lowest settlement in almost three weeks.
The October contract will expire today. The more actively traded November future climbed 45 cents, or 0.5 percent, to $86.26 a barrel.
Brent crude for November settlement climbed 74 cents, or 0.7 percent, to $109.88 a barrel on the London-based ICE Futures Europe Exchange.
To contact the editor responsible for this story: Paul Gordon at pgordon6@bloomberg.net
