The price of U.S. oil fell below $106 per barrel Wednesday for the first time in a week on higher than expected supplies, though global crude rose to a 9-month high as violence in Iraq continued.
Benchmark U.S. crude for July delivery fell 39 cents to close at $105.97 in New York.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.