Oil prices on track for fourth straight week of decline

Oil prices were on track for the fourth straight week of decline as they remained little changed in early Asian trade after slipping about 5% to a four month-low on Thursday on worries over global demand.

Brent futures were up 10 cents, or 0.1%, at $77.52 a barrel at 0232 GMT. U.S. West Texas Intermediate crude
was nearly flat at $72.95. Both indices have lost around a sixth of their value over the last four weeks.

Source: CNBC