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Oil prices finished modestly higher on Friday as a weaker dollar offset demand worries, following a disappointing jobs report.
Light sweet crude for February delivery finished at $82.75 per barrel, up 9 cents on the session. Earlier, prices fell as low as $82.55.
Oil gained $3.13 for the week and capped a 10-session winning streak at a 15-month closing high on Wednesday.
The dollar slipped to the lower end of a trading range against the euro, moving near the $1.442 mark. the greenback also declined against the sterling and yen.
The U.S. Labor Department revealed that non-farm payrolls declined by 85,000 in December.
Economists had generally expected a more modest decline for the month, with some predicting that December would see some job growth.
Results for November were revised higher, with statistics now showing a gain for the month of 4,000, compared to the decline of 11,000 jobs originally reported.
The U.S. Commerce Department revealed Friday that wholesale inventories jumped 1.5 percent in November. This followed a revised 0.6 percent rise in the previous month.
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