Oil prices slipped in early trade on Friday as U.S. jobs data pointed to higher interest rates for longer and easing tensions in the Middle East dampened supply concerns. The market largely shrugged off sanctions on Venezuela and Iran. Brent futures fell 23 cents, or 0.3%, to $86.88 a barrel by 0037 GMT. U.S. crude fell 25 cents to $82.48 per barrel, also down 0.3%.