Crude climbs on US jobs report, China talks

By X-blogger - on June 9, 2025

Crude rose more than $1 a barrel on Friday, posting its first weekly gain in three weeks after a favorable U.S. jobs report and resumed trade talks between the U.S. and China, raising hopes for growth in the world’s two largest economies.

After a 3.0% dip during the last session, the Oil-Dollar pair closed 2.3% in the green. The Stochastic-RSI is giving a positive signal.
Support: 60.926 | Resistance: 66.655

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