TOKYO (Reuters) – Oil prices fell a third day on Friday as supply concerns continued to haunt the market, with OPEC likely to add more barrels amid expectations that demand is returning as more countries recover from the pandemic.
Brent crude was down 20 cents, or 0.3%, at $73.27 a barrel by 0018 GMT and is heading for a 3% decline this week after two days of heavy declines.
U.S. crude fell 12 cents, 0.2%, to $71.53 a barrel, and is on track for a decline of about 4% this week.
