Oil Surges Most in a Month as U.S. Adds Jobs, Services – Bloomberg 08-03-12

Salient to Investors:

Michael Lynch at Strategic Energy & Economic Research said anything that points to economic growth boosts oil.

John Kilduff at Again Capital said the unemployment-rate increase is legitimate and should induce the Fed to take action. If Syria blows up or the ECB announces a rescue of Spain then oil prices would soar.

Read the full article at http://www.bloomberg.com/news/2012-08-03/oil-rises-after-u-s-payrolls-beat-expectations.html