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Oil falls 1 percent on Iran talks, U.S. jobs data

Oil falls 1 percent on Iran talks, U.S. jobs data

Apr 9th, 2012

NEW YORK (Reuters) - Oil prices fell more than 1 percent on Monday as revived talks on Iran's nuclear program eased fears of supply disruption and as data showing slower U.S. jobs growth in March sparked concern about demand for fuel. Negotiations between Iran and world powers over Tehran's disputed nuclear program will be held on April 14 in Istanbul. The resumption of talks that collapsed more than a year ago tempered worries about an immediate cut in supply or conflict. After being shut on Friday, oil markets and Wall Street reacted to a U.S. ... (Source: Reuters) -
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