Updated at: 1850 PST, Thursday, October 21, 2010
 NEW YORK: U.S. crude oil futures prices fell more than $1 on Thursday in choppy trading as the dollar bounced, paring its drop versus the euro, and on pressure from data showing slightly slower economic growth in China during the third quarter.
Oil was seen consolidating after Wednesday's sharp rise and crude prices initially pared losses before reversing and falling further after a report showed initial jobless claims in the United States fell last week.
On the New York Mercantile Exchange, December crude CLZ0 fell 92 cents, or 1.11 percent, to $81.62 a barrel at 9:12 a.m. EDT (1312 GMT), trading from $81.42 to $82.70. |
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