Monday, April 9, 2012

Reuters: Market News: U.S. crude ends lower on jobs data, Iran talks

Reuters: Market News
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U.S. crude ends lower on jobs data, Iran talks
Apr 9th 2012, 18:36

NEW YORK, April 9 | Mon Apr 9, 2012 2:36pm EDT

NEW YORK, April 9 (Reuters) - U.S. crude oil futures fell almost 1 percent on Monday as lower-than-expected jobs growth for March stoked demand worries and renewed talks on Iran's nuclear program eased supply-disruption worries.

In light trading, NYMEX crude for May delivery settled at $102.46 a barrel, down 85 cents, or 0.82 percent, after trading between $100.81 and $102.55. Losses were pared as traders bought back after prices hit session lows.

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