Oil Futures Fall 0.5 Percent

Bloomberg reported that oil futures fell 0.5 percent.

As quoted in the market news:

Oil for September delivery decreased as much as 47 cents to $93.20 a barrel in electronic trading on the New York Mercantile Exchange and was at $93.34 at 1:40 p.m. Sydney time. It climbed 1.6 percent yesterday to $93.67, the highest settlement since May 15.

Click here to read the full Bloomberg report.