Crude oil price drops

ANOTHER jump in the dollar and the end of an oil workers' strike in Nigeria sent crude prices below $111 a barrel as speculators who drove crude futures to nearly $120 pulled out of the market.

ANOTHER jump in the dollar and the end of an oil workers' strike in Nigeria sent crude prices below $111 a barrel as speculators who drove crude futures to nearly $120 pulled out of the market. Light, sweet crude for June delivery fell $3.03 to $110.43 a barrel on the New York Mercantile Exchange. In London, June Brent crude futures fell $2.80 to $108.56 a barrel.