Global crude Oil prices fell on Friday but remained on track to post weekly gains with demand growing faster than supply, while vaccinations are expected to alleviate the impact of a resurgence in COVID-19 infections across the globe. So, Brent crude futures for October shed 20 cents, to 74.90 dollars per barrel. US crude futures fell 20 cents, 73.42 dollars a barrel.

Meanwhile, a Reuters poll showed, oil prices will trade near 70 dollars per barrel for the rest of the year supported by the global economic recovery and a slower-than-expected return of Iranian supplies, with further gains limited by new coronavirus variants.