Oil prices fell early on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening.
Brent crude futures, the international benchmark for oil prices, were at $50.93 per barrel at 0031 GMT, down 10 cents, or 0.2 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude futures were at $47.02 a barrel, down 7 cents, or 0.2 percent.
Oil traders said the crude falls came amid a selloff across many other markets, including U.S. and Asian stocks, where investors voted with their feet amid growing skepticism U.S. President Donald Trump, embroiled in controversy, would achieve his economic agenda.
