Brent under $100 in more than a year

FrieFrench

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Brent and U.S. crude futures both fell more than $1 on Friday after data showing U.S. non-farm payrolls rose by 142,000 in August, well below a forecast 225,000, casting doubt on the pace of growth in the world’s biggest oil-consuming economy.

On Monday, brent hit $99.72 a barrel to record its lowest level since June 24, 2013 after coming under pressure in recent weeks also from easing demand growth expectations. West Texas Intermediate prices hit a session low of $92.11 earlier, a level not seen since January 14.

Via Brent under $100 in more than a year
 
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