Singapore September 27 2024: – Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters.
Brent crude futures fell 57 cents, or 0.8%, to $71.03 per barrel by 0036 GMT, while U.S. West Texas Intermediate crude futures were down 58 cents, or 0.9%, to $67.09 a barrel.
On a weekly basis, Brent crude was set to shed about 4.6%, while WTI is on track to slide 6.6%.