Oil prices are down to their lowest level in three weeks

Oil prices fell to a three-week low after strong US jobs data, with Brent crude falling 7.8% this week and WTI falling 7.9% this week.

Brent crude futures fell $2.23, or 2.7%, to $79.94 a barrel, after rising earlier in the session to $84.20, while it reached a session low of $79.72, the lowest level since January 11. US West Texas Intermediate crude futures fell $2.49, or 3.3%, to $73.39, after rising earlier in the session to $78.00 and hitting a session low of $73.13, the lowest since January 5.