TOKYO, Jan 21 (Reuters): Oil prices fell on Friday, after rising to seven-year highs this week, as investors took profits following a build-up in US crude and fuel inventories, though overall sentiment remained solid due to concerns over tight supply and geopolitics.
Brent crude futures were down $1.00, or 1.1%, to $87.38 a barrel by 0747 GMT. The contract earlier fell by as much as 3%, the most since Dec. 20. A day earlier the global benchmark touched $89.50 a barrel, its highest since October 2014.
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