Bloomberg | Oil Set for First Weekly Drop in Eight as Drillers Signal Boost Bloomberg Oil increased in New York after a rebound in U.S. payrolls boosted optimism the economy is accelerating. Futures rose 0.8 percent after Labor Department data showed employment picked up in April, a sign companies are gaining confidence. Oil explorers ... Oil Prices Waiver in Session, But End Up Oil market 'not out of the woods yet' Oil futures rise as markets await US nonfarm payrolls |