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Oil drops below US$100 on jobs data

Michael Allan McCrae | May 04, 2012 | 4:54 pm Energy 

A weak job's report weighed on oil, which dropped below $100, a first since February. June delivery for light sweet crude is off 4.5% to $97.62. The drop in oil prices hit the TSX, which dropped 1.56% to 11,827.77. The...

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