| GEO Business|
| Oil retreats in Asia|
| Updated at: 1126 PST, Friday, August 07, 2009|
SINGAPORE: Oil pulled back in Asia on Friday as regional stock markets eased and investors awaited a US report on unemployment, which could give fresh clues on the health of the recession-hit economy.
New York's main contract, light sweet crude for September, was down 26 cents to 71.68 dollars a barrel, after hitting a five-week high of 72.42 dollars on Thursday. Brent North Sea crude for delivery in September tumbled 29 cents to 74.54 dollars a barrel after briefly touching 76.00 dollars Thursday, its highest level this year.