Oil prices drop by more than $2 per barrel
Friday, July 03, 2009
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Swelling gasoline stocks and a bigger-than-ex?pec?ted rise in US unemployment drove oil markets down over $2 Thursday to below $67 a barrel. In the latest signal the economy of the world's biggest energy consumer was still struggling, data Thursday showed US employers had cut 467,000 jobs in June and the unemployment rate had risen to 9.5 percent.
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