U.S. crude oil futures fell in Asian trade on Friday, heading lower after posting the first significant gains for 2016 in the previous session, as the prospect of additional Iranian supply looms over the market. West Texas Intermediate (WTI) was down 86 cents at $30.35 a barrel at 0633 GMT (0133 ET). The contract hit a 12-year low of $29.93 earlier this week. WTI is on track to post a third consecutive weekly loss, down more than 8 percent. The contract is down about 21 percent from a 2016 high on January 4. Brent crude was down 52 cents at $30.36 a barrel. It closed higher for the first time this year on Thursday after falling to $29.73 earlier in the day, the lowest level since February 2004. Brent […]