TOKYO: Oil prices dipped in early trade on Friday, trimming part of the previous day's surge but remaining on track for a weekly gain, as fresh U.S. sanctions on Russia's two biggest oil companies over the war in Ukraine fuelled supply concerns.
Brent crude futures fell 54 cents, or 0.8%, to $65.45 at 0200 GMT. U.S. West Texas Intermediate crude futures were down 51 cents, or 0.8%, at $61.28.
