Commodity Prices Weakened Further After Disappointing US Employment Report

Crude oil price sank -3.7% to settle at 66.73, the lowest in 4 weeks, as sharp fall in non-farm payrolls in June raised concerns and boosted rally in USD. Others in the energy complex also slipped further. The benchmark contracts for RBOB gasoline slid -3.7% to 1.7908 while heating oil and natural gas plunged -3.6% and -4.7% to 1.7016 and 3.615, respectively. Prices recover modestly in Asian session and trading will remain thin throughout the day due to holiday in the US. The US Labor

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