Oil prices fluctuated Friday ahead of the latest U.S. job report, which will determine the short-term direction of the dollar. As oil is priced in dollars, the currency’s swings have a significant impact on oil prices. The Wall Street Journal Dollar Index, which tracks the dollar against a basket of other currencies, was recently flat after rising earlier in the session. Brent crude for June delivery rose 0.5% to $65.86 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, light, sweet crude futures for delivery in June were trading at $59.17 a barrel recently, up 0.4% from Thursday’s settlement. “At least today, oil prices are going to follow the dollar very strongly, ” said Daniel Ang, Singapore-based investment analyst with Phillip Futures. “We expect to see oil prices move depending on the U.S. nonfarm payroll data.” […]