U.S. Jobs Data Provides Support For Oil After Volatile Week ...Middle East

OILPRICE - Economy
U.S. Jobs Data Provides Support For Oil After Volatile Week
source : OILPRICE ( Middle East ) () 37
Oil prices managed to stabilize on Thursday, recovering from their lowest levels since late 2021 earlier this week, as encouraging U.S. employment data balanced out negative indicators from Federal Reserve Chair Jerome Powell, who underscored risks in the banking sector and rising U.S. crude inventories. As of 9:15 CST, Brent Crude sat at  $76.96 per barrel, while U.S. West Texas Intermediate Crude rose to $71.14. On Wednesday, Powell warned the banking blip could lead to a credit crunch, which could have "significant" repercussions…

Hence then, the article about u s jobs data provides support for oil after volatile week was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( U.S. Jobs Data Provides Support For Oil After Volatile Week )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
GTC 2026 Live: This "Breathing" Glass Rack Reveals the Physical Form of Next-Gen AI Compute as an Intelligent Lifeform
PR Newswire - before 11 hour & 2 minute
Jewish Enrollment at Harvard the Lowest Since Before World War II; Down 50% Over the Last Decade, Lowest in the Ivy League
PR Newswire - before 7 hours & 32 minute
Major £100 contactless card limit rule is set to change — what you need to know
INDEPENDENT - before 3 hours & 30 minute
Norway’s Equinor Makes Oil Discovery Near Huge Arctic Field
OILPRICE - before 6 hours
Blooming Health: Heat Wave Advisory for Residents of California and the Southwest United States
PR Newswire - before 9 hours & 29 minute
Gold prices Stabilize
SABA NET - before 7 hours & 10 minute
SOUND Healthcare Communications Launches PerspectivX™, a Revolutionary AI Platform Simulating Real-world HCP Feedback
PR Newswire - before 2 hours & 48 minute
Iraq and Kurdistan Strike Deal to Restart Key Oil Pipeline
OILPRICE - before 9 hours & 31 minute
EPAM Leads as a Top IT Service Provider in Belgium and Luxembourg
PR Newswire - before 8 hours & 30 minute
Iran Threatens Regional Energy Sites After South Pars Strike
OILPRICE - before hour & 53 minute
Ethisphere Recognizes Lam Research as One of the World's Most Ethical Companies® for Fourth Consecutive Year
PR Newswire - before 6 hours & 33 minute
Defense Unicorns Demonstrates Key Enabler for Continuous Software Delivery on the F-22
PR Newswire - before 5 hours & 12 minute


Latest News

U.S. Inflation Expectations Surge Amid Oil Price Spikes

before 8 minute

CobbleStone Software Opens Registration for the 2026 CobbleStone User Conference

before 8 minute

Trump Renews Demand for Rate Cuts as Fed Grapples With War in Iran

before 28 minute

Energy Diplomacy Could Reset Turkey-Armenia Relations

before 36 minute

Beware the Zombie ISAs!

before 49 minute

OTAVA Awarded VCSP Innovation Partner of the Year in the Broadcom 2025 VMware Cloud Service Provider Partner Awards

before hour & 5 minute

Saudi Arabia’s Red Sea Oil Exports Jump To Nearly 4 Million bpd

before hour & 5 minute

£2.5m payment is reversed using Monzo’s tool for ‘oh no moments’

before hour & 19 minute

/C O R R E C T I O N -- StarCompliance/

before hour & 21 minute

Fed expected to hold rates steady as war in Iran clouds outlook

before hour & 21 minute

US Oil Inventories Climb As Fears of Global Shortage Persist

before hour & 38 minute

Mercy Corps to Become Prosper Global in September 2026

before hour & 38 minute

Iran Threatens Regional Energy Sites After South Pars Strike

before hour & 53 minute

How Asia is responding to Middle East oil shock as Hormuz closure disrupts global supply

before hour & 55 minute

Waspi campaigners say they are preparing for potential fresh legal challenge

before 2 hours & 20 minute