Wednesday, 19 October 2011 23:56
NEW YORK: US crude futures fell more than $2 and Brent crude more than $3 on Wednesday as concerns about Europe's economy and the region's debt woes outweighed government data showing crude oil inventories fell sharply last week in the United States.
On the New York Mercantile Exchange, November crude fell $2.25 to $85.99 a barrel by 2:31 p.m. EDT (1831 GMT), trading from $85.93 to $89.51.
ICE Brent December crude fell $2.75 to $108.40 a barrel, having traded from $108.12 to $111.85.
Copyright Reuters, 2011 ...