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Market concerns about oil demand continue, international oil prices fell significantly on the 2nd

As market concerns about economic growth and oil demand continued, international crude oil futures prices fell significantly in early trading on the 2nd, and then consolidated in a narrow range. International oil prices fell significantly at the close.

As of the close of the day, the price of light crude oil futures for September delivery on the New York Mercantile Exchange fell by $2.79 to close at $73.52 per barrel, a decrease of 3.66%; the price of Brent crude oil futures for October delivery fell by $2.71 that day, It closed at US$76.81 per barrel, a decrease of 3.41%.

Data released by the U.S. Department of Labor on the morning of the 2nd showed that the number of new jobs in the U.S. non-agricultural sector in July was 114,000, significantly lower than the market expectation of 180,000. The June data was revised down from 206,000 to 179,000. Ten thousand. The U.S. unemployment rate rose to 4.3% in July from 4.1% in June, higher than market expectations of 4.1%. This data further heightened market concerns about a possible recession in the United States.