On the New York Mercantile Exchange, light, sweet crude futures for delivery in December CLZ4, -0.41% fell 96 cents, or 1.2%, to trade at $77.71 a barrel. Prices had traded as high as $79.85 a barrel earlier.
December Brent crude LCOZ4, -0.34% on London’s ICE Futures exchange declined 59 cents, or 0.7%, to $82.79 a barrel. Brent had traded as high as $84.97 a barrel.
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