Crude futures have retreated to US$68 after surging past US$70- at 6 month highs after release of a report indicating better-than- expected improvement in US jobs scenario. The latest employment reporrt is an indication of the improving health of the US economy.
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Monday, June 08, 2009
Crude oil dips after swelling to 6 month highs on better-than-expected US jobs report
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