Reuters | Oil dips, weekly drop exceeds two percent as glut worry lingers Reuters NEW YORK (Reuters) - Oil prices edged lower on Friday, and were on track to close the week down 2 to 3 percent as investors continued to worry about the global crude glut. The week's trading was defined by bearish data about Chinese oil demand and ... Oil Set for Third Weekly Loss Amid Threat of Rising US Output Oil gets caught up in broad-based sell-off Oil Nudges Higher On Tightening Supplies, Weak Dollar |