BLBG:Oil Falls From Highest Close in Almost Three Weeks in New York
Oil for April delivery fell as much as 38 cents, or 0.4 percent, to $107.71 a barrel in electronic trading on the New York Mercantile Exchange and was at $107.72 at 10:17 a.m. Sydney time.
The contract climbed 1 percent to $108.09 a barrel yesterday, the highest close since March 1. The April contract expires today. The more actively traded May future fell 37 cents to $108.19 a barrel.
To contact the editor responsible for this story: Paul Gordon at pgordon6@bloomberg.net