Oil prices unable to hold on to rally, with both major indices falling in Friday trading. (File/UPI/John Angelillo) Brent crude oil prices rallied Thursday nearly 3 percent on word producer Saudi Arabia was trimming output. The price for December delivery in early Friday trading was down around $1 per barrel from the previous session’s high of $86.75. Contracts beyond December show Brent prices moving closer to the $90 per barrel mark. Prices had contracted in response to supply and demand dynamics. Brent prices rallied in recent trading on word China was experiencing quality growth. Most major Asian stock indices reported down days Friday, though only modestly with the Shanghai Composite off 0.01 percent. West Texas Intermediate continued its trend toward $80 per barrel in early Friday trading, down more than $1 per barrel to trade at $80.89 for the December contract. WTI had followed the Brent rally Thursday, though […]