Crude prices were higher Monday but pared gains shortly after a joint statement from Saudi Arabia and Russia.
This came as the dollar slipped on receding expectations of an imminent U.S. interest rate rise, following weak jobs numbers.
U.S. equities closed higher, with the three major indexes posting weekly gains, following a disappointing employment report.
European shares closed higher on Friday after official U.S. jobs data for August fell short of expectations, a factor that could influence when the U.S. Federal Reserve next hikes interest rates.
Asian markets rise with investors cheering a disappointing U.S. August jobs report, paring expectations the Fed would hike rates in September.
Nonfarm payrolls increased just 151,000 for the month, below the expected 180,000.
The dollar fell on Friday after the jobs data disappointed.
Oil prices rose on Friday, supported by continued weakness in the U.S. dollar and Russian comments in favor of a production freeze.
Gold rose on Friday after U.S. jobs growth came in below expectations, dampening the likelihood of an interest rate hike.
U.S. stocks closed mostly flat Thursday as investors digested a slew of economic data ahead of Friday's key jobs report.
Asian markets were mixed on Friday, as traders likely huddled on the sidelines before the key U.S. nonfarm payroll report due later.
U.S. stock index futures indicated a higher open Friday as investors digested a weaker-than-expected August jobs report.
U.S. government debt prices were lower on Thursday as investors digested the release of a batch of data.
European stocks closed lower on Thursday, taking their lead from Wall Street after weak U.S. manufacturing data.
Asia markets were mostly lower on Thursday, with sentiment weighed by an oil price drop and as traders shrugged off better-than-expected China data.
Sterling jumped 1 percent against the dollar and hit a one-month high against the euro on Thursday.
Oil fell on Thursday as a rise in U.S. crude inventories focused attention on a supply glut that has pushed stockpiles to record highs.
Gold tried for gains after it dropped to its lowest in more than two months on Thursday as investors waited for U.S. jobs figures.
Stocks closed lower, the last trading day of the month, as investors digested falling oil prices and looked ahead to Friday's jobs report.
U.S. stock index futures indicated a higher open on Thursday as traders eyed the release of a host of data.