Al-Marsad newspaper – Agencies: Oil prices fell by more than three dollars a barrel, on Friday, and are heading to record a decline for the second week, due to concern regarding weak demand in China and raising interest rates in the United States.
And by 14:45 GMT, Brent crude fell $ 3.17, or 3.5 percent, to $ 86.61 a barrel, following touching its lowest level since September 28 at $ 85.80.
US West Texas crude fell by $3.67, or 4.5 percent, to $77.97 a barrel.