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"Impending impasse" falls at the price of oil
Oil prices fell on Friday, heading for a third weekly loss after Saudi Arabia warned of oversupply, amid a slump in global equities and trade that overshadows fuel demand forecasts.
London Brent crude futures fell 49 cents, or 0.6 percent, to $ 76.40 a barrel by 06:49 GMT.
And Brent on a weekly loss recording path of more than 4 percent.
US crude fell 59 cents, or 0.9 percent, to $ 66.74 a barrel. Measuring crude is heading for a 3.5% loss this week.
