Under pressure from US production, oil prices have fallen by more than 3% in a week

Record US production hit oil prices and they suffered losses during the week.

Brent crude fell 3.4% during the week, while Nymex declined 3.2%, and both crudes had posted a monthly gain of 2% last October.

Oil prices rose in Friday trading after reports that Iran was preparing to launch an attack from Iraq in coming days to retaliate against Israel, but Brent crude futures rose 29 cents, or 0.4%, at $73.10 per barrel on the agreement. Reached the barrel.

U.S. West Texas Intermediate crude futures rose 23 cents, or 0.3%, at $69.49 a barrel after the settlement.