Bloomberg News

Oil Falls in N.Y. After U.S. Payrolls Grow Less Than Forecast

July 08, 2011

July 8 (Bloomberg) -- Crude oil declined in New York after a government report showed U.S. nonfarm payrolls grew less in June than economists predicted.

Oil for August delivery fell as much $1.17 to $97.50 a barrel on the New York Mercantile Exchange and traded down 75 cents at $97.72 at 1:33 p.m. London time.

To contact the editor responsible for this story: John Buckley at johnbuckley@bloomberg.net


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