Oil falls $1 a barrel to below $77
An oil rig beside the sea is lit up on the outskirts of Havana after sunset June 23, 2009. REUTERS/Desmond Boylan
LONDON - Oil fell $1 a barrel to below $77 on Friday, pressured by a firmer U.S. dollar and as falling equities raised concern about the economy and the outlook for energy demand.
U.S. crude oil for December delivery, which expires later on Friday, was down $1 a barrel to $76.46 as of 7:39 a.m. EST