Oil drilling rigs
Oil prices fell in Friday trading and were set for a second straight weekly decline as market concerns over a potential US–Iran conflict disrupting supplies continued to ease.
April Brent crude futures slipped 0.15%, or 10 cents, to $67.42 a barrel at 09:23 am KSA time. Prices are on track to fall about 0.8% this week.
US WTI crude futures for March dropped 0.25%, or 15 cents, to $62.69 a barrel. Weekly losses are expected to exceed 1%.
Markets are awaiting later Friday data from Baker Hughes on the US oil and gas rig count for fresh signals on supply trends.