Oil settles at 8-month low after poor US job numbers

Brent crude futures settled down US$2.71, or 3.41%, to US$76.81 a barrel. US West Texas Intermediate crude futures settled down US$2.79, or 3.66%, at US$73.52.

HOUSTON: Oil prices fell on Friday, settling at their lowest since January after data showed the US economy added fewer jobs than expected last month, and weak Chinese economic data added more pressure.

Brent crude futures settled down US$2.71, or 3.41%, to US$76.81 a barrel. US West Texas Intermediate crude futures settled down US$2.79, or 3.66%, at US$73.52.