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Oil Declines on Stronger Dollar, Jobs Report
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FBN’s Adam Shapiro on the decline in oil prices.
- Duration 0:55
- Date Jul 6, 2012
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FBN’s Adam Shapiro on the decline in oil prices.
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I'm Adam Shapiro -- Fox Business -- today's disappointing report on the US labor market weighed heavily on Wall Street at the closing bell the Dow was down 124.
Points.
The lackluster jobs report and a stronger dollar took the -- oil with crude extending its losses for a second session.
Oil settled at 84 dollars and 45 cents a barrel on New York trading.
But cheaper oil isn't doing much for gas prices according to triple a.'s daily fuel gauge the national average for a gallon of regular gasoline.
-- slightly higher to three dollars and 35 cents.
Yahoo!'s -- to name a new chief executive apparently won't include -- CEO Jason Tyler.
The Wall Street Journal reported kinda declined to be considered as candidates earlier reports suggest the short list had been narrowed down to two people.
And current Yahoo! interim CEO Ross Levinson.
That's the latest from the Fox Business Network giving you the power from.