NYMEX-Oil falls toward $69 on demand concerns

                                
 PERTH, Oct 5 (Reuters) - Oil fell toward $69 a barrel on
Monday, extending the previous session's decline of over 1
percent, as data showing high jobless rate in the United States
again unleashed worries of a slow recovery in energy demand.
                                
 FUNDAMENTALS
                                
 * NYMEX crude for November delivery <CLc1> fell 49 cents to
$69.46 a barrel by 2352 GMT. The contract settled down 87 cents
at $69.95 a barrel on Friday.
                                
 * The amount of crude oil held at sea on tankers is likely
to fall as consumption grows in the fourth quarter, the chief
executive of the world's biggest independent oil tanker group
Frontline <FRO.OL> said on Friday. [nL2183668]
                                
 * U.N. experts will inspect Iran's newly disclosed uranium
enrichment plant on Oct. 25, the IAEA nuclear agency chief said
on Sunday, praising a shift "from conspiracy to cooperation"
between Tehran and the West. [ID:nL4526913]
                                
 * Money managers cut net long crude oil positions on the
New York Mercantile Exchange in the week to Sept. 29, the
Commodity Futures Trading Commission said in a report on
Friday. [nN25519518]
                                
 MARKETS NEWS
                                
 * U.S. stocks could hit more speed bumps this week if the
start of the third-quarter earnings season offers little
evidence that the economic recovery is gaining strength. [.N]
                                
 * U.S. stocks fell for the fourth straight day on Friday as
weak jobs data gave more evidence the economic recovery would
be less robust than expected. [nN0211985]
                                
 * The U.S. dollar fell against most major currencies on
Friday after a weaker-than-expected jobs report reinforced
expectations U.S. interest rates will stay near zero for some
time. [USD/]
                                
 DATA/EVENTS
                                
 * The following data is expected on Monday:
                                
 - Italy Markit PMI for September (1843 GMT)
                                
 - France Markit PMI for Sept     (1848 GMT)
                                
 - Eurozone Marketit Services PMI (1858 GMT)
                                
 - Eurozone Sentix Index for Oct  (1930 GMT)
                                
 - Eurozone Retail Sales for Aug  (2000 GMT)
                                
 RELATED NEWS > Oil falls over 1 pct, U.S. job data weighs  
 [ID:nNSIN30514] > U.S. Sept. non-farm payrolls fall, jobless
up
 [ID:nN02314318] > Stocks, dollar, oil slip on dismal U.S.
jobs
  [ID:nN02205317] > COMMODITIES-Worry over US jobs hits most
markets  [nN02335842] PRICES
 Oil prices as of 2352 GMT          
 Contract Mnth    Price  Change  Day ago     pct     MA-20*
 NYMEX Contracts
 US Crude NOV9   $69.46   -0.49   -$0.87  -1.23%     $69.78
 Heat Oil NOV9   178.40   -1.28    -3.06  -1.67%     176.64
 RBOB     NOV9   173.39   -0.70    -1.70  -0.97%     175.23
 Natgas   NOV9   $4.719  +0.001  +$0.252  +5.64%     $3.690
 ICE Contracts
 Brent    NOV9   $67.53   -0.54   -$1.12  -1.62%     $68.36
 Gasoil   OCT9       --   +0.00   -$8.75  -1.55%    $558.09
 Note: U.S. heating oil and RBOB gasoline contracts listed in
cents per gallon.
 * = 20-day moving average for continuation month.
 (Reporting by Fayen Wong)