US crude futures rise $1.28/bbl on bargainhunting

摘要

HOUSTON (ICIS)--NYMEX WTI crude futures for October delivery rose on Friday following four consecutive down sessions, settling at $44.44/bbl, up $1.28, on a prelong weekend correction to oversold conditions. A weak dollar in response to released data in the US showing a slowdown in jobs growth and unchanged unemployment rate also encouraged the rally.