SINGAPORE: Oil prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances the Federal Reserve will start to cut interest rates this year.

Brent crude futures for August settlement, which expired on Friday, settled up 2 cents at US$86.41 a barrel. The more liquid September contract fell 0.3% to US$85 a barrel.