By Christian Schmollinger
Sept. 19 (Bloomberg) -- Crude oil pared gains, falling for the first time in two days, as the dollar gained against the euro, limiting the appeal of commodities to investors.
Oil for October delivery fell as much as 49 cents, or 0.5 percent, to $97.39 a barrel on the New York Mercantile Exchange. It was at $97.50 at 9:10 a.m. Singapore time. It earlier rose as much as 82 cents, or 0.8 percent, to $98.70 a barrel. Yesterday, the contract gained 72 cents to settle at $97.88 a barrel.
To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net.
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