Mobile offshore drilling units stand in the Port of Cromarty Firth in Cromarty, U.K., on Tuesday, June 23, 2020.
Oil prices fell slightly on Friday as the risk that a hurricane in the Gulf of Mexico will affect U.S. oil and gas output declined while the market continues to weigh how President-elect Donald Trump's policies might affect supplies.
Brent crude oil futures fell 26 cents, or 0.3%, to $75.37 per barrel by 0209 GMT.
U.S. West Texas Intermediate (WTI) crude gained 35 cents or 0.5% to $72.01.
A strong dollar makes oil more expensive for other currency holders and tends to weigh on prices.
Persons:
Donald Trump's, Brent, Rafael
Organizations:
. West Texas, U.S, National Hurricane Center
Locations:
Port, Cromarty, Gulf, Mexico, Brent, of Mexico, U.S, Iran, Venezuela, China