Oil Near Six-Week Low Before Jobs Report; Brent Premium Widens

Oil traded near a six-week low before a report forecast to show the U.S. added fewer jobs last month than in December. Brent crude’s premium to the New York price is set for the largest weekly gain in a month.

Futures were little changed in New York after dropping a fifth day yesterday, the longest losing streak since August. The U.S. ... Read full article