NEW YORK, June 11 (Reuters) - U.S. crude oil futures fell to
a new 2012 low on Monday, as disappointment over the EU's rescue
package to Spanish banks and Saudi Arabia's call for higher OPEC
output despite the recent fall in prices extended the day's
selloff.
Just shortly before the day's electronic trading on the New
York Mercantile Exchange ended, crude for July delivery
dropped to a session low of $81.11 a barrel, down $2.99, or 3.56
percent, the lowest since Oct. 6, when front-month U.S. crude
dropped to $79.08. This year's previous low was $81.21, hit on
June 4.
(Reporting by Gene Ramos)