Oil Rose 1.5 Percent After Improvement in U.S. Job Data

- February 3rd, 2012

Bloomberg reported that oil rose 1.5 percent after the U.S. jobless rate dropped.

Bloomberg reported that oil rose 1.5 percent after the U.S. jobless rate dropped.

As quoted in the market news:

Futures climbed 1.5 percent after the Labor Department said the unemployment rate dropped to 8.3 percent in January, the least since February 2009.

Click here to read the full Bloomberg report.

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