Oil slipped on Friday, paring a weekly gain as surprisingly strong U.S. economic data and tightening crude supplies jostled with fears that a coronavirus resurgence will erode demand. Futures fell toward US$40 a barrel in New York, but are still up 4.3 per cent for the week. Crude rose along with broader markets on Thursday as data showed a rebound in the U.S. jobs market accelerated in early June. That came after American crude stockpiles shrunk by the most this year and a survey showed OPEC oil production dropped last month to the lowest since 1991. The virus continues to surge unabated across large parts of the ... (full story)