LONDON—Oil prices fell on Friday, after rising to seven-year highs this week, after an unexpected rise in U.S. crude and fuel inventories, and as investors took profits.
Brent crude futures were down $1.49, or 1.6 percent, to $86.89 a barrel by 1010 GMT. The contract earlier fell by as much as 3 percent, the most since Dec. 20. A day earlier the global benchmark touched fresh 7-year highs of $89.50 a barrel.
