BLBG: Crude Oil Futures Drop From Five-Week High in New York Trading
By Will Kennedy
Dec. 29 (Bloomberg) -- Crude oil futures fell from a five- week high in New York today. Crude for delivery in February dropped as much as 50 cents, or 0.6 percent, to $78.27 a barrel in electronic trading on the New York Mercantile Exchange. The contract traded at 78.35 a barrel at 12:03 p.m. London time.
