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International oil prices, impact of the U.S. jobs data
Source:China Fertilizer Net   Author:Chen Gang   Time:2010-08-08   Read:1249second  

        The impact of the U.S. jobs data, oil prices drop 6.

        
U.S. Labor Department report released the same day, in July a total of U.S. non-farm sector cut 131,000 jobs, the number is almost twice the market had expected. In July, the private sector jobs increased by only 71,000, less than analysts expected. Data showed the U.S. labor market recovery is slow.

        
As the United States is the world's largest energy consumer, investors worried about slowing U.S. economic recovery will affect the recovery in global energy consumption.

        
Affected by this, the international oil prices continue to decline. To the closing, the New York Mercantile Exchange, light crude oil for delivery in September futures fell 1.31 U.S. dollars to close at 80.70 U.S. dollars a barrel. London Brent crude oil futures fell 1.45, to close at 80.16 U.S. dollars a barrel. (Chen Gang)

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