Nymex Futures Slide as Differential to Brent Now Exceeds $22

摘要

After a week of renewed economic optimism the market hit a brick wall on Friday when the US government released a dismal jobs report that showed only 18,000 jobs added in June. Nymex crude futures, after flirting with the $100 per barrel mark, retreated by about 2.5% to close the week at just over $96/bbl.