Crude futures steadied on Friday after a volatile week, as U.S. unemployment data eased concerns about demand in the world's top oil consumer ahead of a U.S. sanctions deadline on Iranian oil exports.
The U.S. Labor Department's employment report showed that average hourly earnings increased 0.3 percent in September, while the unemployment rate fell to near a 49-year low of 3.7 percent.
"A strong economy, low unemployment would suggest the U.S. consumer is going to continue to fair well with higher energy prices," said Phil Flynn, an analyst at Price Futures Group in Chicago.
U.S. West Texas Intermediate (WTI) crude futures ended Friday's session up 1 cent at $74.34, rising 1.5 percent for the week.
International benchmark Brent crude oil futures was down 20 cents a barrel at $84.38 by 2:25 p.m. ET. On Wednesday, the global benchmark hit a late 2014 high of $86.74.