BLBG:Oil Drops 0.8% In New York After Biggest Gain In Three Years
Oil fell as much as 0.8 percent in New York after rising the most in three years June 29.
Futures for August delivery slid as much as 68 cents to $84.28 a barrel in electronic trading on the New York Mercantile Exchange and were at $84.37 at 10:24 a.m. in Sydney.
To contact the reporter on this story: Ben Sharples in Melbourne at bsharples@bloomberg.net
To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net