OIL FUTURES: Nymex Crude Drops, As Brent Gains On Supply Woes - Wall Street Journal

NEW YORK (Dow Jones)--U.S. crude oil futures prices were weaker Monday, while North Sea Brent crude climbed on concerns over near-term supplies of high-quality oil amid production woes and the continued loss of Libyan crude.

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The price spread between July light sweet crude oil on the New York Mercantile Exchange and ICE Brent crude on Friday settled at a record $19.49 a barrel. Recently, it hit $21.20 a barrel, as Brent topped $120 a ... The apple industry faces a potential public-relations headache in the wake of federal testing that found pesticide residues in 98% of America's second-most popular fresh fruit, the highest percentage in any of the produce screened in a yearly survey.

OIL FUTURES: Nymex Crude Drops, As Brent Gains On Supply Woes - Wall Street Journal