Oil slips after posting biggest gain in 2 months

Oil   Oil
By Pamela Sampson on October 5, 2012

BANGKOK (AP) — Oil prices retreated a day after posting big gains as traders turned their attention to the release later Friday of a monthly U.S. jobs report.

Benchmark oil for November delivery was down 68 cents to $91.03 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. On Thursday, tensions between Syria and Turkey gave oil prices their biggest jump in two months. Oil settled at $91.71 per barrel, up by $3.57, or 4 percent in New York.

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