BLBG:Oil Rises a Second Day in New York Trading; Brent Little Changed
Oil for April delivery rose as much as 42 cents, or 0.4 percent, to $107.48 a barrel in electronic trading on the New York Mercantile Exchange. It was at $107.47 at 12:16 p.m. Sydney time.
The contract, which expires tomorrow, climbed 1.9 percent to $107.06 a barrel on March 16, the highest close since March 9. The more active May future rose 37 cents today to $107.95 a barrel.
Brent oil for May settlement was at $126 a barrel, up 19 cents, on the London-based ICE Futures Europe exchange.
To contact the editor responsible for this story: Paul Gordon at pgordon6@bloomberg.net
