Oil prices are poised for a second weekly gain in a row despite the harrowing jobs report released on Friday morning. The U.S. Labor Department reported a loss of more than 20 million jobs in the month of April. The unemployment rate surged to 14.7 percent, the highest since the Great Depression. Still, stocks rose. Investors saw positive news after the U.S. and China backed away from trade tensions. Oil rally may be going too far. Oil prices have doubled in a little more than a week on mounting supply shut-ins and hopes of a demand rebound. But analysts are warning that the newfound optimism is premature. “Even following a gradual resumption of economic activity, demand may remain below the 2019 level for […]