Oil prices fell on Friday, settling at their lowest since January after data showed the U.S. economy added fewer jobs than expected last month, and weak Chinese economic data added more pressure.


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Reuters

United Kingdom

Oil settles at 8-month low after disappointing US job numbers

Oil prices fell on Friday, settling at their lowest since January after data showed the U.S. economy added fewer jobs than expected last month, and weak Chinese economic data added more pressure.

Ad Fontes Media

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Media Bias/Fact Check

The Woodbridge Company

Oil prices remained on course for a fourth successive weekly decline as signs of weak growth in global fuel demand outweighed fears of supply disruption in the Middle East.

Global News

Corus Entertainment

Toronto

Ontario

Canada

Global oil prices set for 4th weekly decline amid demand concerns

Oil prices rose today but were set for a fourth successive weekly decline, as signs of disappointing global fuel demand growth outweighed fears of supply disruptions.

RTÉ

Government of Ireland

Ireland

Oil prices set for fourth weekly fall on demand concerns

(Bloomberg) — Oil headed for a fourth weekly drop as demand concerns in the world’s two biggest economies overshadowed heightened geopolitical risk.

Financial Post

Leon Cooperman

Allianz

Oil Heads for Weekly Drop as Demand Woes Offset Middle East Risk

Oil is headed for a fourth consecutive weekly slide, as concerns over demand from the world's biggest economies are outweighing increased geopolitical tensions. Brent traded near $80 a barrel after a 1.6 per cent drop in yesterday's session, with West Texas Intermediate below $77. Factory gauges in the US and China both showed a contraction on Thursday, indicating signs of weakness in manufacturing.

WION

Invesco

Noida

Uttar Pradesh

India

Oil prices plunge as demand concerns and geopolitical tensions bite

The two most popular mortgage rates in the United States have fallen to their lowest levels in over a year as a weak jobs report sent U.S. Treasury yields falling.
The benchmark 30-year fixed-rate mortgage, the most popular type of home loan, fell to 6.4 percent on Aug. 2, according to the MND Index, which tracks real-time changes in actual lender rates across America. This is the lowest level since April 13, 2023, when the 30-year fixed stood a…

The Epoch Times

Epoch Media Group

New York

United States

Mortgage Rates Drop to 16-Month Low After Disappointing Jobs Report

Ongoing conflicts in Middle East and major central banks' decision to reduce interest rates limit further price falls - Anadolu Agency

Anadolu Ajansı

Government of Turkey

Ankara

Turkey

Oil prices set for fourth weekly decline amid demand concerns

NEW YORK/SINGAPORE: Oil prices rose on Friday but were set for a fourth successive weekly decline, as signs of disappointing global fuel demand growth outweighed fears of supply disruptions.
	Brent crude futures gained 62 cents, or 0.8 percent, to $80.13 a barrel by 6:45 a.m. Saudi time, while US West Texas Intermediate crude futures rose 62 cents to $76.93.
	Both benchmarks have declined about 7.3 percent over the last four weeks in the longest…

Arab News

Saudi Research and Media Group

Riyadh

Riyadh Province

Saudi Arabia

Oil Updates – prices set for fourth weekly fall on demand concerns

By Shariq Khan (Reuters) –     Oil prices rose on Friday but were set for a fourth weekly decline as signs of disappointing global fuel demand growth outweighed fears of supply disruptions in the key Middle East production region. Brent crude futures gained 33 cents, or 0.4%, to $79.85 a barrel by 0020 GMT, after falling 1.5% in the previous session, while U.S. West Texas Intermediate crude futures rose 38 cents, or 0.5%, to $76.69, after a 2.1%…

WTVB

Midwest Communications

Oil set to fall for fourth week as demand concerns weigh on sentiment

Oil futures rose Friday, but remained on track for a fourth straight weekly decline as worries about the demand outlook in both China and the U.S. overshadowed fears of a wider Middle Eastern conflict.

Oil settles at 8-month low after disappointing US job numbers

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