Oil prices were on course for their sixth straight day of falls on Friday, dragged lower by a surge in U.S. crude inventories, timid demand and doubts over the ability of producers to coordinate output cuts.
Brent crude futures LCOc1 were at $46.18 per barrel at 0656 ET, down 17 cents from their last close. U.S. West Texas Intermediate (WTI) futures CLc1 were down 2 cents at $44.65 a barrel.
The dips put crude on the longest losing run since June and, before that, since January, with Brent shedding almost 14 percent since its recent peak in mid-October.
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