U.S. energy sector shedding up to 15,000 jobs a month: Moody's Zandi
Zandi spoke on a conference call with reporters after the release of the July ADP National Employment Report, which Moody's Analytics jointly developed.
Crude futures on the New York Mercantile Exchange fell to their lowest since March 20 on Monday before recovering modestly. In early U.S. trading on Wednesday, they were up 1 percent at $46.24 a barrel . [O/R]
(Reporting by Richard Leong)