Oil prices fell, ith US Crude Heading For A Seventh Weekly Decline Amid

Oil prices fell, with US crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products.

Brent crude oil futures were down 0.07 percent to $71.38 a barrel and US West Texas Intermediate (WTI) crude futures dropped 0.05 percent to $65.43 a barrel.

Brent is heading for a 2 percent decline this week, a third consecutive weekly drop. WTI is on track for a seventh week of losses, with a fall of more than 3 percent. Reuters Reported.

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