Oil: Futures posted their first back-to-back weekly loss since April’s rout with the end of the summer driving season and concern about OPEC’s production compliance weighing on prices. New York futures fell 6.1 percent last week, coinciding with a fall in US equities. The market was under pressure all week, starting with Saudi Arabia’s surprise move to cut prices on oil it supplies to Asia by $1.00. The second wave of selling pressure was fueled by a surprise increase in US crude stockpiles as the pandemic continues to erode demand for fuels. West Texas Intermediate settled at $37.33 a barrel and Brent settled at $39.83 a barrel –down 6.6 percent for the week.