Oil Declines Most in a Week

- March 3rd, 2011

Bloomberg reports that oil fell for the first time in three days in New York.

Bloomberg reports that oil fell for the first time in three days in New York.

The market news is quoted as saying:

Crude for April delivery slid as much as $1.86, the biggest decline since Feb. 24, to $100.37 a barrel in electronic trading on the New York Mercantile Exchange and was at $101.19 at 1:34 p.m. in London. Yesterday it settled yesterday at $102.23, the highest since Sept. 26, 2008.

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