Brent Oil Falls

U.S. oil prices rose after a choppy, holiday-shortened session that saw low-volume trading. A higher open for equities on Wall Street briefly provided a lift for oil, but U.S. stocks faded and finished lower a seventh straight session. .

Both Brent and U.S. crude posted their second consecutive weekly losses.

The euro fell to more than seven-week lows against the dollar intraday, as disagreement on how to tackle the debt crisis drove borrowing costs to new euro-era highs and energy investors worried the problems will curb oil demand.

SOURCE: http://reut.rs/tXGlFN 

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