Friday, June 15, 2007

Oil Falls From Near a Nine-Month High, Below $67.40 a Barrel in New York

(Bloomberg) -- Crude oil fell from near a nine-month
high in New York as some analysts and traders speculated recent
gains weren't justified.

Crude oil for July delivery fell as much as 33 cents to $67.32
a barrel in electronic trading on the New York Mercantile Exchange.
The contract traded at 67.37 at 10:22 a.m. in London. Oil has risen
3.5 percent in the past two trading days.


Read more at Bloomberg Energy News

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