
Oil heads towards second consecutive weekly gain on supply concerns
(Investing) – LONDON -Oil prices fell slightly on Friday but were heading for a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC+ producer group raised expectations of tighter supply. Brent crude futures were down 23 cents, or 0.3%, at $71.77 a barrel by 1300 GMT. U.S. West Texas Intermediate crude futures fell
