Oil Falls From Near Three-Week High After U.S. Employment Report
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Oil declined from near the highest in three weeks on concern demand in the U.S. may falter following a report showing that U.S. companies added fewer jobs than forecast last month.
Futures fell as much as 0.8 percent after figures from ADP Employer Services showed companies in the U.S. added 38,000 workers to payrolls in May, compared with a median estimate of 175,000 in a Bloomberg News survey.