Crude oil prices remained at levels not seen since early 2009 on Friday as output in the Middle East continued to rise despite an already huge global glut, with analysts saying the price outlook for the rest of the year and into 2016 remained weak.
Brent crude futures were down 29 cents at $39.44 a barrel at 0551 GMT, a touch above a near-seven-year low hit earlier in the session at $39.38 a barrel.
US crude futures were at $36.52 per barrel, down 24 cents and just above Thursday's bottom of $36.38 - the benchmark's lowest mark since February 2009.
Brent crude futures were down 29 cents at $39.44 a barrel at 0551 GMT, a touch above a near-seven-year low hit earlier in the session at $39.38 a barrel.
US crude futures were at $36.52 per barrel, down 24 cents and just above Thursday's bottom of $36.38 - the benchmark's lowest mark since February 2009.
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