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Friday, November 06, 2009
Crude Extends Losses As Unemployment Rate Tops 10%
By Moming Zhou
MarketWatch Pulse
NEW YORK -- Crude futures extended losses Friday after the Labor Department reported a decline of 190,000 jobs in October, while the unemployment rate climbed to 10.2%. Crude for December delivery fell 1% to $78.81 a barrel in early North American electronic trading.
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