Oil hits multi-week lows on glut worry, gasoline surges

By Barani Krishnan NEW YORK (Reuters) - Crude oil prices fell by up to 2 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages. Falling U.S. equities and a rising dollar also weighed on crude futures and other industrial commodities denominated in the greenback. Gasoline surged 3 percent on news of an extended outage on Colonial Pipeline's main gasoline line and in a key unit of BP's Whiting, In