Oil prices end week lower as US jobs data stirs recession fears

Oil prices were little changed on Friday but on track to end the week lower, as weaker US employment data raised concerns over demand, and renewed ceasefire talks in Gaza eased worries about supply disruptions.

Brent crude futures rose 16 cents, or 0.2 per cent, to $77.38 a barrel at 0642 GMT, while US West Texas Intermediate (WTI) crude futures inched up 15 cents to $73.16. Brent futures have fallen about 3 per cent so far this week, while WTI lost nearly 5 per cent.

Both...