Can't win.....If jobs report is strong (it was, double expectations), then oil moves lower as odds increase of further Fed tightening. If jobs report was negative, oil moves lower as the demand will now drop as recession kicks in. If China numbers (on whatever they are reporting on) are weak, then oil moves lower and so on and so forth. For me, more people working = more people needing to move around to get to places = more demand. Most need to work to pay the bills.