Oil Drops $2.52 to $77.69 a Barrel

Business Week reported that oil dropped $2.52 to $77.69 a barrel over unemployment data from the U.S. and Germany.

As quoted in the market news:

Crude for August delivery declined $2.52 to $77.69 a barrel on the New York Mercantile Exchange, the lowest settlement since October.

Click here to read the full Business Week report.