Morning Bid: Oil soothes but jobs dictate ...Middle East

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Morning Bid: Oil soothes but jobs dictate
A pump is seen at a gas station in Manhattan, New York City, U.S., August 11, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan The bond blast upending world markets has been partly smothered by sharply falling oil prices for now – but September’s U.S. employment report will dictate direction from here. Oil prices scrabbled for a toehold Friday but were on course for their worst week since March as demand fears driven by rising interest rates and restive stock markets were compounded by another partial lifting of Russia’s fuel export ban. U.S. crude oil has recoiled almost 9% this week and prices have l

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