| Oil dropped a dollar to below
US$66 a barrel on Friday after
unemployment data hardened
views economic weakness would
sap energy demand. In the
latest sign the economy of the
world's top consumer was still
struggling, data on Thursday
showed US employers cut
467,000 jobs in June and the
jobless rate rose to a 26-year
high. Euro zone unemployment
climbed to a 10-year high.
US crude fell by US$1.22 to
$65.51 a barrel, extending the
previous session's nearly 4
percent drop. London Brent
crude fell US$1.35 to
US$65.30. |
