September 17, 2012 / 6:12 PM / 5 years ago

Brent, U.S. crude futures plunge in volatile trade

NEW YORK, Sept 17 (Reuters) - Brent and U.S. crude futures plunged in volatile trade on Monday as prices retreated after last week's surge on a boost from the U.S. Federal Reserve's launch of a stimulus program designed to support the economy.

Brent November crude was down $3.60 a barrel at $113.06 at 2:05 p.m. EDT (1805 GMT), having fallen more than $5 to $111.60 before bouncing and paring losses. U.S. October crude was down $2.15 at $96.85, having fallen as low as $94.83.

Reporting by Robert Gibbons

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