TOKYO/SINGAPORE: Oil prices fell on Friday, heading for their biggest weekly drop since at least May as expectations of more supplies spooked investors, with OPEC likely to add output to meet a potential revival in demand as more countries recover from the pandemic.
Brent crude for September was down 20 cents at $73.27 a barrel by 0544 GMT and is heading for a 3% fall this week after two days of heavy declines, the biggest weekly drop since May.
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