Oil prices mixed amid weak demand, concerns over more fiscal conflicts, growth in US jobs market

New York’s main contract, light sweet crude for delivery in February, shed two cents to US$93.07 while Brent North Sea crude for February delivery gained to rise to US$111.4. Oil prices were mixed in Asian trade as weak energy demand and concerns over more fiscal battles in Washington tempered the news of a modest growth in the US jobs market. Data showed that the US economy generated 1,55,000 jobs in December, and the unemployment rate held at 7.8%.
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