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Saturday, November 21, 2009 11:01 AM

Published 11/06/2009 by Forbes.com


Oil falls more than 2 pct on US jobs data

* Risk markets fall after unemployment data

(Updates with market reaction after U.S. jobs data)

LONDON, Nov 6 (Reuters) - Oil prices fell by more than 2 percent on Friday after larger-than-expected October U.S. unemployment numbers emerged to shake financial markets.

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What others report on the same story

UPDATE 5-Oil falls more than $2 on U.S. jobless...
* Risk markets fall after unemployment data(Updates prices)LONDON, Nov 6 (Reuters) - Oil prices fell by more than $2 on Friday, retracing some gains after larger-than-expected ... - [11/06/2009 - Nine MSN Money]

Quotes

"There was a lot of talk early in the market that the number would come in lower, but really we're just kicking the can down the road here, and today's numbers have set risk markets on edge" said David Morrison...
"It's the old cliche, but the 10 percent number really was a key line in the sand."

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