Oil prices fell on Friday, on track for a weekly loss as supply concerns driven by Middle East tensions eased, while jobs data raised expectations the U.S. Federal Reserve has done hiking interest rates in the world’s biggest oil consuming economy.
Brent crude futures were down $1.21, or 1.4%, to $85.64 a barrel at 1431 GMT, while U.S. West Texas Intermediate crude futures fell $1.25, or 1.5%, to $81.21 a barrel.
