SINGAPORE, March 25 (Reuters): Oil prices settled lower on Friday night as European banking shares fell and after US Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve (SPR) may take several years, dampening demand prospects.
Brent crude settled down 92 cents, or 1.2%, to US$74.99. West Texas Intermediate US. crude futures fell 70 cents, or 1%, to US$69.26 a barrel.
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