Oil futures settled lower as the US dollar strengthened on a better-than-expected November jobs report. The NYMEX January crude futures contract settled 97 cents lower at $65.84/b. Front-month ICE Brent settled 57 cents lower at $69.07/b. In refined products action, NYMEX January ULSD settled down 99 points at $2.1078/gal, while prompt NYMEX RBOB closed 2.14 cents lower at $1.7734/gal. Crude futures fell early in New York trade as the dollar rose on the release of US economic data, but managed to pare some of those losses later in the trading session. NYMEX January crude hit an intraday low of $65.17/b, while prompt ICE Brent touched a low of $68.10/b. US employers added 321,000 jobs to non-farm payrolls in November, while the US unemployment rate stayed at 5.8%, a six-year low, the Department of Labor reported Friday. The US economy added more jobs in […]