Baker Hughes Co. reported today that the number of US oil rigs rose by 5 to 433rigs this week.

The number of natural gas rigs remained at 99 rigs, with the total number of natural gas and oil rising by 5 to 532 rigs.

Oil prices rose on Friday, to head for the seventh straight weekly gain.

Baker Hughes will reveal its count of the oil and natural gas rigs in the United States later today.

Oil continues to rise thanks to the recovery in global demand, as many countries relatively contain the coronavirus pandemic.

The market value of Saudi Aramco rose above $2 trillion again due to the continuous rise in oil prices.

The dollar index fell against a basket of major currencies by 0.1% to 94.1 points as of 16:23 GMT, after hitting a high of 94.3 points and a low of 93.9 points.

As of 16:18 GMT, WTI crude November futures rose 1.3% to $79.3 a barrel.

Brent December futures rose 0.7% to $82.5 a barrel.

The US dollar fell slightly against most currencies on Friday, after the release of the mixed jobs report.

The US Department of Labor reported today that the economy has added 194,000 new jobs in September, missing forecasts of 490,000. 

The unemployment rate fell to 4.8% from 5.2% in September, better than forecasts of 5.1%.

The US Senate voted on raising the country's debt ceiling by $480 billion, which means continuing to fund the government until early December.

The dollar index fell against a basket of major currencies by 0.1% to 94.1 points as of 17:42 GMT, after hitting a high of 94.3 points and a low of 93.9 points.

Gold prices held on Friday, as the US dollar fell against most currencies, after the release of the US jobs report.

The US Department of Labor reported today that the economy has added 194,000 new jobs in September, missing forecasts of 490,000. The unemployment rate fell to 4.8% from 5.2% in September, better than forecasts of 5.1%.

The US Senate voted on raising the country's debt ceiling by $480 billion, which means continuing to fund the government until early December.

The dollar index fell against a basket of major currencies by 0.1% to 94.1 points as of 17:49 GMT, after hitting a high of 94.3 points and a low of 93.9 points.

Gold spot prices held at $1,759.5 an ounce as of 18:55 GMT.