Crude oil futures retreat as US jobs miss fuels near-term demand concerns

摘要

Crude futures settled lower on Sept. 3, after an overnight rally fizzled inthe face of a weaker-than-expected US employment report.NYMEX October WTI settled down 70 cents at $69.29/b and ICENovember Brent gave up 42 cents to settle at $72.61/b.Nonfarm payrolls expanded by 235,000 jobs in August, USDepartment of Labor data showed on Sept. 3, down sharply from 1.05million in July and well-below market expectations of more than 700,000.