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Wednesday, November 11, 2026Nov 11

Energy prices slide as employment numbers dip

PABLO GORONDI, Associated Press Writer

Energy prices fell for a second consecutive day Friday as the U.S. reported a sharp plunge in jobs.

Crude and gasoline price have risen sharply for more than a week with economic data suggesting that manufacturing activity has accelerated across the globe.

Yet if the job picture remains gloomy, it is unlikely that higher energy prices can be sustained.

Benchmark crude fell 35 cents to $82.31 per barrel on the New York Mercantile Exchange after closing down 52 cents on Thursday.