May 20, 2011 – A lower open on Wall Street for U.S. equities added to pressure on crude futures.
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On the New York Mercantile Exchange, the expiring June crude contract fell 60 cents, or 0.61 percent, to $97.84 a barrel by 9:42 a.m. EDT (1342 GMT), trading from $97.70 to $99.60.
ICE Brent July crude fell $1 to $110.42 a barrel, having traded as low as $110.16 after slipping from an earlier peak of $112.30.
(Reporting by Robert Gibbons; Editing by John Picinich)