10-06-2016 16:31 via uk.news.yahoo.com

Oil down ahead of U.S. rig count; strong dollar weighs

By Barani Krishnan NEW YORK (Reuters) - Oil prices fell nearly 2 pct on Friday as investors braced for another likely rise in the U.S. oil rig count this week and as a strong dollar again weighed on demand for crude futures denominated in the greenback. The Niger Delta Avengers group blew up the Obi Obi Brass trunk line for oil run by ENI , adding to the woes of Africa's largest oil economy. Brent and WTI remained on track for weekly gains, although that could change if prices slipped further on
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