Crude oil prices traded lower in Europe Friday, as investors await a key piece of jobs data from the U.S. that could upend the start of a holiday weekend. Analysts say the U.S. nonfarm payrolls are the most significant economic data point before the U.S. Federal Reserve’s meeting in September. A strong number could boost the odds of an increase in interest rates this month, as well as indicating a long-term increase in demand for oil. U.S. jobs data could send oil prices either way, depending on the data’s impact on the U.S. dollar and overall market sentiment, oil traders say. Oil markets have been particularly sensitive to macroeconomic developments in recent weeks. The global oil benchmark, Brent crude, was trading down 0.41% at $50.47 a barrel in morning trade, while the U.S. benchmark was down at 0.81% at $46.37 a barrel. The wait for data, had kept oil […]