Friday, November 13, 2009

Crude Oil Falls to a One-Month Low of $76 a Barrel in New York

Nov. 13 (Bloomberg) -- Crude oil fell to the lowest in a month in New York after a report yesterday showed inventories in the U.S., the world’s biggest energy consumer, climbed amid a drop in processing runs.

Oil for December delivery declined as much as 94 cents, or 1.2 percent, to $76 a barrel in electronic trading on the New York Mercantile Exchange.

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