(Reuters) - London Brent crude , seen as currently more representative of the global market, was down 13 cents at $71.09 a barrel at 0309 GMT, after rising 20 cents on Thursday. U.S. crude fell 12 cents to $66.81 after a 97-cent rally.
OPEC President Mohammed al-Hamli said on Thursday oil supplies were sufficient and there was no need for an emergency meeting. Consumers have been urging the group to produce more oil to lower prices.
Read more at Reuters.com Hot Stocks News
OPEC President Mohammed al-Hamli said on Thursday oil supplies were sufficient and there was no need for an emergency meeting. Consumers have been urging the group to produce more oil to lower prices.
Read more at Reuters.com Hot Stocks News
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