Market Watch: Oil headed for weekly fall, prospect of Iran deal stokes fears of extra supply

Oil prices extended losses on Friday, and were headed for a weekly fall, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible supply disruption arising from a Russian invasion of Ukraine. Brent crude futures fell 47 cents, or 0.5%, to $92.50 a barrel at 0410 GMT, extending a 1.9% drop from the previous session. U.S. West Texas Intermediate (WTI) crude futures shed 62 cents, or 0.7%, to $91.14