Oil prices hovered below $83 a barrel Friday as investors looked to a key U.S. jobs report later in the day for clues about the strength of the economic recovery.
Signs of monetary tightening in China and the dollar's gains on other major currencies also helped keep oil prices in check.
By early afternoon in Europe, benchmark crude for February delivery was down 20 cents to $82.46 a barrel in electronic trading on the New York Mercantile Exchange. On Thursday, the contract fell 52 cents to settle at $82.66.
The Labor Department is scheduled to announce later on Friday the December unemployment rate and job creation figures _ numbers traders will …
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