WTI oil drops from highest level in four months

Source: Bloomberg
© Scanpix/Associated Press
West Texas Intermediate crude declined form a four-month high since October on China manufacturing that fell to the lowest level in seven months. WTI for April settlement slipped 0.4% to $102.45 a barrel on New York Mercantile Exchange, after trading at $102.65 at 10:40 a.m. in London. Brent for April delivery decreased 0.6% to $109.78 a barrel in London. 

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