Oil Dropped 0.4% After U.S. Jobless Claims Rise

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Bloomberg reported that oil dropped 0.4 percent after U.S. jobless claims rise.

Bloomberg reported that oil dropped 0.4 percent after U.S. jobless claims rise.

As quoted in the market news:

Futures dropped 0.4 percent after the Labor Department said jobless claims decreased by 2,000 to 386,000 last week.

Click here to read the full Bloomberg report.

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