Oil down, heads for weekly loss on concern about glut

By Barani Krishnan NEW YORK (Reuters) - Oil prices fell again on Friday, on track to a weekly loss, with Brent hitting two-month lows, as Iraqi crude exports looked likely to rise, adding to the global glut. Earlier this week, the U.S. government reported that domestic crude inventories were at 519.5 million barrels last week, historically high for this time of year, even after a ninth straight week of drawdowns.