Oil prices settle down after weak US jobs report

Brent crude futures settled at US$65.50 a barrel, down US$1.49, or 2.22%. US West Texas Intermediate crude finished at US$61.87, down US$1.61, or 2.54%.

HOUSTON: Oil prices fell on Friday as a weak US jobs report dimmed the outlook for energy demand, while swelling supplies may grow further after Opec and allied producers meet over the weekend.

Brent crude futures settled at US$65.50 a barrel, down US$1.49, or 2.22%. US West Texas Intermediate crude finished at US$61.87, down US$1.61, or 2.54%.