Oil Weakens, But Record Strengthening 2 week streak

Oil fell on Friday, but still posted gains of two consecutive weeks. The decline in oil prices on Friday had successfully trimmed after data showed a decline in the number of rigs operating in the US.

Oil also affected the movement of US jobs data that give a varied picture, with the increase in the number of workers in August were lower than expected, but the unemployment rate fell to 5.1%, better than expected 5.2%. The average salary rose 0.3%, also better than expected 0.2%.

Baker Hughes company reported a reduced number of rigs operating 13 to 662 in the week ending 4 September. It was the first decline in the past seven weeks, and the number of operating rigs are at their lowest level since mid-July. In the same period of 2014, the number of rigs in operation as many as 1,584.

Oil traders are also considering the possibility of a decline in production from OPEC after the encouragement of some members to hold an emergency meeting.

Oil on Friday's trading ended at the level of $ 45.76 per barrel, with a $ 47.21 daily highs, and the lowest was $ 45.61.