Oil futures fell on Friday, pulling back from the nearly three-week high it settled at a day earlier, as concerns over further growth in U.S. production helped prices erase a gain for the week. March West Texas Intermediate crude fell 61 cents, or 1.1%, to settle at $53.17 a barrel. The contract settled just a nickel below the $53.22 level it ended at last Friday.
Copyright © 2017 MarketWatch, Inc.
Continue Reading Below