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Oil Stages Slight Comeback Friday

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Oil futures ended a bearish week on a bullish note, with prices climbing Friday amid an official report showing significant job growth in the US and persistent market tightness.

Topic:
Oil Futures and Derivatives
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Drilling activity and oil production in the Eagle Ford have increased as commodity prices have risen in recent months.
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Opec-plus crude oil production surged by 1 million b/d in July, largely thanks to a recovery in the output of Kazakhstan, Nigeria, and Libya.
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Brent prices have rebounded from last week's lows and stand poised to recover their losses after a bout of directionless trading.
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