The price of US oil fell this evening after two days of big gains, as investors took profits following a report that showed job growth slowed in the US last month.
Benchmark crude for September delivery fell $1.11, or 1%, to $106.78 a barrel on the New York Mercantile Exchange.
The contract rose $4.81 a barrel Wednesday and Thursday following more encouraging economic data.
Brent crude, traded on the ICE Futures exchange in London, fell 99 cents to $108.55 per barrel.
US employers added 162,000 jobs in July, the government said, a modest increase and the fewest since March. Although the unemployment rate dropped to a four year low of 7.4%, that was one of few hopeful signs in an otherwise lacklustre report.
