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BLBG: Crude Oil Declines in New York, Erases Earlier Gains in London
 
Crude oil futures declined in New York and erased earlier gains in London.

Oil for March delivery on the New York Mercantile Exchange fell 32 cents to $86.39 a barrel as of 12:18 p.m. London time. Brent crude for March settlement was at $101.79, down 3 cents, after rising as high as $102.88 on the ICE Futures Europe exchange in London.

To contact the editor responsible for this story: John Buckley at johnbuckley@bloomberg.net
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