Crude Tanks Further on Weak Jobs Number

June 1, 2012 8:55 AM EDT Send to a Friend
Crude oil prices are in free fall after US employment data came in well below expectation. The price of WTI futures broke through $85 overnight and are heading south to $80 per barrel following the data release. Futures are at $82.89 and heading lower.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Commodities

Related Entities

Crude Oil

Add Your Comment