RE:RE:cj is falling below $6,50So the US jobs report came in at +142,000 jobs added but lower than the expectation for 161,000. And while positive news the oil market sells off. Compare that to the very big oil draws from both the API and EIA that had little to no effect. Politics is driving the markets NOT fundamentals. Lower interest rates such as a quarter point reduction will not be the spring board for higher prices because it will signal a weaker economy. If direct data showing oil use such as the oil inventory draws cant have an impact on prices then secondary data such as a quarter point int reduction will have zero and perhaps continue to put pressure on prices. We are in a new relm of markets where politics are controling the market. Welcome to Bidenonomics or should it be Brandenonomics?