19 August 2010 15:26 [Source: ICIS news]
LONDON (ICIS)--NYMEX light sweet crude futures fell more than $1/bbl on Thursday to take the front-month September contract close to $74/bbl after US jobless claims rose to a nine-month high, raising further concerns about a dip back into recession.
By 14:05 GMT, September NYMEX crude fell $1.16/bbl from the previous close of $75.42/bbl to hit a low of $74.26/bbl, before recovering to around $74.40/bbl.
At the same time, October Brent crude on ?xml:namespace>
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