Oil Extends Decline After U.S. Payrolls Misses Estimates
By Grant Smith -
2012-07-06T12:33:03Z
Oil extended its decline in New York, paring a second weekly gain, after the U.S. added fewer jobs than forecast last month. Crude was down 2.3 percent at $85.26 on the New York Mercantile Exchange at 1:32 p.m. London time.
To contact the reporter on this story: Grant Smith in London at gsmith52@bloomberg.net
To contact the editor responsible for this story: John Buckley at johnbuckley@bloomberg.net
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