Oil Prices On Track For Weekly Gains of 2% Ahead of U.S. Shale Production Data




Oil prices moved lower on Friday in European morning trade as investors took profit after strong weekly gains as they turned their attention to data on U.S. shale production
New York-traded West Texas Intermediate crude futures fell 13 cents, or about 0.2%, to $71.23 a barrel by 3:59AM ET (7:59GMT).