London — Oil prices fell for a second consecutive session on Friday as the dollar soared on the prospect of interest rate increases in the US, but they were on track to finish the week little changed and only slightly off multiyear highs.

Brent crude futures were down 64c, or 0.9%, at $72.44 a barrel at 9am GMT, extending a 1.8% decline on Thursday. The contract is set to be largely steady for the week...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.