Oil prices edge lower after one-week high

Oil prices edged lower on Friday after rising to a one-week high on Thursday.

Brent crude fell 87 cents, or 0.82 percent, to US$105.73 a barrel at 02:12 GMT, while West Texas Intermediate declined US$1.56, or 1.65 percent, to US$93.05 a barrel.

Brent settled 3.4 percent higher on Thursday, while West Texas Intermediate gained 2.7 percent.