adminBenchmark oil for May delivery fell 24 cents to US$96,10 a barrel in electronic trading on the New York Mercantile Exchange.
The contract had gained US$1,53 to finish at a five-week high of US$96,34 a barrel on the Nymex last night. Brent crude were flat at US$109,37 a barrel on the ICE Futures exchange in London.
The US Commerce Department said yesterday that orders for factory-produced durable goods rose more than expected in February.
Home prices also rose in January, according to the Standard & Poor’s/Case-Shiller 20-city price index. That helped push up energy prices. Reuters.
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