London Brent falls more than $1 on economic outlook - Yahoo! Finance

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Friday July 3, 05:26 PM
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London Brent falls more than $1 on economic outlook

LONDON (Reuters) - London Brent crude oil fell more than $1 a barrel towards $65 a barrel on Friday as unemployment data hardened views economic weakness would sap energy demand further and that last month's rally was overdone. U.S. crude was down $1.13 cents at $65.60 a barrel by 6:02 p.m.. Brent crude fell $1.23 cents to $65.42.

(Reporting by Joe Brock; Editing by James Jukwey)

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