OIL FUTURES: Crude Steady, Markets Wait On Macro Data - Wall Street Journal

LONDON (Dow Jones)--Crude oil futures retreated from new multi-month highs Thursday as market participants adopted a cautious approach ahead of a series of key macro readings.

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ICE Brent crude earlier reached $76 a barrel for the first time since last October while Nymex crude reached $72.42 a barrel, its highest since the start of July, before turning lower. Financial markets were largely static awaiting Thursday's interest rate decision from the European Central Bank, weekly U.S. jobless numbers and Friday's crucial U.S. nonfarm payrolls data for any confirmation that economic recovery is underway.

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