Oil falls, Brent settles at 7-month low after disappointing US job numbers

Oil prices fell significantly on Friday, with Brent and U.S. West Texas Intermediate crude futures settling at their lowest since January. The drop was triggered by weaker-than-expected U.S. job growth and sluggish economic data from China. Manufacturing activity weakened across Asia, Europe, and the U.S., raising concerns over global demand and economic recovery.