LONDON—Oil prices slipped on Friday after two days of gains and are heading for weekly losses as a strong dollar and worries about a global economic slowdown weigh.
Brent crude futures were down 97 cents, or 1 percent, at $95.62 a barrel by 0826 GMT. U.S. West Texas Intermediate crude was at $89.59 a barrel, down 91 cents or 1 percent.
Both benchmark contracts were headed for weekly losses of close to 3 percent.
A strong dollar has made oil more expensive for holders of other currencies, while Asian and European equities dropped.
In a sign of easing oil supply tightness, the price gap between prompt and second-month Brent futures narrowed by about $5 a barrel from the end of July….