Reuters | Oil skids to biggest weekly loss in two years amid market turmoil Reuters NEW YORK (Reuters) - Oil prices slid more than 3 percent on Friday as U.S. futures fell below $60 a barrel for the first time since December on renewed concerns about rising crude supplies. FILE PHOTO: An oil pump is seen operating in the Permian Basin ... Forties pipeline shutdown and jump in oil prices hit UK trade Oil pipeline shutdown hits UK industrial output Oil skids to biggest weekly loss in 2 years amid market turmoil |