US November jobs report misses expectations Omicron variant confirmed in multiple states OPEC+ pledges to monitor demand, backstopping prices Crude prices settled mixed Dec. 3, as a weaker-than-expected US jobs report and rapidly spreading coronavirus omicron variant added uncertainty to demand outlooks. Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX January WTI settled 24 cents lower at $66.26/b while ICE February Brent finished 21 cents higher at $69.88/b. Oil prices had been trading nearly $3 higher overnight, but the rally faltered midmorning, sending crude on a steady downtrend that left prices mixed at the settle. US nonfarm payrolls added 210,000 jobs in November, Department of Labor data showed Dec. 3, well below market expectations of nearly 600,000 jobs. It was the smallest monthly jobs increase to date in 2021, but the report also showed that an increase in the labor force participation rate […]