Oil heads for second weekly loss as supply concerns weigh
Oil edged up on Friday following three days of declines on worries about excess supply and slowing demand in the U.S., though prices appeared to be headed for a second week of losses.
Brent crude futures rose 21 cents, or 0.33%, to $63.59 a barrel at 0149 GMT. U.S. West Texas Intermediate crude was at $59.65 a barrel, up 22 cents, or 0.37%.
