BLBG: Crude Futures Decline in New York, Reversing Earlier Advance of 0.8%
Oil declined, reversing an earlier gain of 0.8 percent.
Crude for February delivery fell 52 cents, or 0.5 percent to $102.44 a barrel at 11:31 a.m. on the New York Mercantile Exchange.
Brent oil for February settlement rose 49 cents, or 0.4 percent, to $112.62 on the London-based ICE Futures Europe exchange.
To contact the reporter on this story: Moming Zhou in New York at Mzhou29@bloomberg.net;
To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net