Crude oil prices rose on Friday after the U.S. jobs report showed employers added 103,000 jobs in September better than median estimates of 60 thousand jobs added, and unemployment remained unchanged at 9.1% in line with projections, which improved confidence in markets and sent crude oil prices higher.
The outlook for crude oil prices remains generally to the downside, as persistent fears from the EU debt crisis and signs global growth is slowing are likely to keep crude oil prices under pressure.
Monday October 10:
We don’t have any fundamentals from theUnited Stateson Monday as Americans celebrate Columbus Day though markets will be open.
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