Oil Drops on Speculation Fuel Demand May Falter as U.S. Economy Weakens

Oil and Gas Investing

Bloomberg reported that reports of a weaker US economy caused oil prices to drop.

Bloomberg reported that reports of a weaker US economy caused oil prices to drop.

The market news is quoted as saying:

Futures slipped as much as 1 percent before reports this week that may show U.S. employers hired fewer workers in May and manufacturing cooled.

To read the full market news, click here.

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