Oil falls 1% but leads to a weekly rise due to nervousness over supply

Brent’s futures dropped 73 cents, or 0.95%, to $75.75 a barrel at 1104 GMT, while West Texas Intermediate’s crude lost 73 cents, or 1%, to $71.75. Both have earned about 1.4% this week, the biggest weekly advance since the beginning of January. Brent would chain a second week of profits after three weeks of declines. WTI, for its part, would record its first week of earnings after four weeks of weekly declines. The market has adopted a relativel…

Oil prices were falling this Friday, but they were still heading for a weekly gain due to the disruption of supply in Russia, while uncertainty is looming over a possible peace agreement in Ukraine.Brent's futures were down 73 cents, or 0.95%, to 75.75 dollars a barrel by 11:04 GMT, while US oil West Texas Intermediate lost 73 cents, or 1%, to $71.75.You may be interestedMercados Oil prices close with profits driven by US demand Both have gained…