UPDATE 9-Oil slips below $45/bbl on demand concerns but posts weekly rise

* Little progress seen in U.S. coronavirus relief talks
* U.S. job growth slows sharply in July
* Saudi Arabia, Iraq stress full commitment to OPEC+ deal
* U.S. oil & gas rig count falls to record low for 14th week

(Adds CFTC data)
By Stephanie Kelly
NEW YORK, Aug 7 (Reuters) - Oil prices fell nearly 2% on
Friday, limiting their weekly gain due to concerns the global
recovery could falter from a resurgence of coronavirus cases.
The rise in infections remains the dominant issue for the
fuel demand outlook. Cases in the United States are still rising
in a number of states, while India recently reported a record
daily jump in infections. More than 700,000 people have died in
the worldwide pandemic. Brent crude LCOc1 fell 69 cents, or 1.5%, to settle at
$44.40 a barrel. U.S. West Texas Intermediate (WTI) crude CLc1
fell 73 cents, or 1.7%, to end at $41.22 a barrel.
Brent rose 2.5% for the week, while WTI gained 2.4%.
Talks between U.S. lawmakers over another round of stimulus
have stalled, meanwhile. U.S. President Donald Trump has
threatened to pull White House representatives out of talks and
instead issue executive orders to address economic needs.
"The U.S. Congress can't seem to come up with a plan for the
next round of stimulus and it's creating doubt for U.S. economic
recovery," said Gary Cunningham, director of market research at
Tradition Energy.
OPEC member Iraq pledged to cut output further in August,
which helped support prices. The nation has been a laggard in
fully meeting its pledge as part of an April deal to reduce
supply.
Crude has recovered from lows reached in April, when Brent
slipped below $16, a 21-year low.
"Keeping the price levels would be unrealistic," Bjornar
Tonhaugen of Rystad Energy said of this week's rise. "Traders
rushed to the task today to correct the gains, remembering the
invisible enemy, COVID-19."
U.S. non-farm payrolls for July came in slightly better than
expected, but still showed employment growth slowed. U.S.
Democratic leaders said the jobs report showed more investments
were needed. U.S. energy companies cut the number of oil and natural gas
rigs this week to a record low for a 14th week. U.S. oil rigs
fell by four to 176 this week, their lowest since July 2005,
according to data from energy services firm Baker Hughes Co
BKR.N . Money managers raised their net long U.S. crude futures and
options positions in the week to Aug. 4 by 8,096 contracts to
368,643, the U.S. Commodity Futures Trading Commission (CFTC)
said.