WTI Falls as Employers Add Fewer Workers Than Expected

West Texas Intermediate crude dropped, paring a weekly advance, after U.S. employers added fewer workers than anticipated last month.

Futures fell 0.9 percent on Labor Department figures showing that payrolls rose 162,000 in July, the smallest gain in four months. A 185,000 increase was the median forecast of 93 economists surveyed by Bloomberg. Brent earlier exceeded $110 for the first time since April after Libya’s head of oil security quit as protests shut export terminals in the country.