Crude prices fell by more than 3% on Friday, on course for steep weekly losses, as oil tankers kept exiting the Strait of Hormuz, easing supply concerns the day after a cargo vessel was hit near Oman.
Brent crude futures settled at $71.99 a barrel, down $3.27, or 4.34%. U.S. West Texas Intermediate finished at $69.23 a barrel, down $2.69 or 3.74%.
