Energy Currents: Crude Prices Plunge as U.S. Employment Disappoints

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Crude oil futures tumbled after U.S. employment figures showed only 18,000 new jobs were created in June, far below forecasts. The front-month August contract had been trending higher this morning before the 8:30 a.m. ET headline, pushing past $99.00 a barrel, only to slide more than $2.50.

Brent futures followed the same pattern although the declines were not as steep.

At 9 a.m.


AUG WTI Crude ( NY ) $96.73 -1.94

AUG Brent Crude (ICE) $117.39 -1.20

AUG Natural Gas $4.168 +0.035



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This article appears in: Investing , Commodities

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