SINGAPORE: Oil prices slipped on Friday, on track for a weekly loss, as investors’ focus shifted to lacklustre demand and ample fuel supplies, offsetting support from a weak dollar.
Brent crude fell 19 cents, or 0.4%, to $43.88 a barrel by 0034 GMT, heading for its biggest weekly loss since June. U.S. West Texas Intermediate was at $41.17 a barrel, down 20 cents, or 0.5%, set to post its first weekly drop in five weeks.