Oil Dips in Thin Trading on Soft US Data, Natural Gas Outlook
(Bloomberg) -- Oil edged lower in light holiday trading on soft US jobs data and a retreat in natural gas futures. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayWest Texas Intermediate fell 0.7% to settle below $70 a barrel. US natural gas futures fell by more than 5% Thursday, dragging down the energy complex after forecasts pointed to lower-than-anticipated heating demand. Recurring applications for US unemployment benefits rose to the highest in more than