BLBG: Crude Little Changed in New York After Giving Up Earlier Advance of 0.9%
Oil was little changed in New York after giving up an earlier gain of 0.9 percent.
Crude for March delivery fell 5 cents to $100.86 a barrel at 11:59 a.m. on the New York Mercantile Exchange. The price earlier reached $101.84, the highest since Jan. 19.
Brent oil for March settlement rose 9 cents to $118.02 a barrel on the ICE Futures Europe exchange. The March contract expires today. Brent for April gained 10 cents to $117.49.
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
