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US crude down over $1 before DOE data, July expiry

20/06/2012 at 15:13

NEW YORK, June 20 Reuters - U.S. crude oil futures fell more than $1 a barrel on Wednesday in volatile trading ahead of the weekly government inventory and under pressure as the front-month July contract was expiring at the close of floor trading.

NYMEX July crude fell to a session low of $82.79 a barrel, down $1.24. By 10:10 a.m. EDT 1410 GMT, it traded at $82.96, down $1.07.

Reporting By Gene Ramos; Editing by Gerald E. McCormick

gene.ramos@thomsonreuters.com646-223-6054Reuters Messaging: gene.ramos.reuters.com@reuters.net

Keywords: MARKETS ENERGY CRUDE/


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