Dec. 6, 2011, 10:00 p.m. EST
Crude oil stays above $101 in electronic trade
HONG KONG (MarketWatch) — U.S. crude-oil prices held their ground above the $101 level in electronic trading Wednesday, wavering around the previous day’s closing level as cautious investors stayed on the sidelines ahead of a European leaders’ summit.
Light, sweet crude-oil futures for January delivery CL2F +0.17% inched up 7 cents, or 0.1% from the New York settlement level, to $101.35 on Globex during Asian trading hours.
