The Conversation (0)
Oil Drops on Speculation Fuel Demand May Falter as U.S. Economy Weakens
May. 30, 2011 11:02AM PST
Oil and Gas InvestingBloomberg 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.