Oil prices settled lower, snapping a three-session winning streak, amid trade fears and a possible increase in OPEC supply.

• Oil prices inched lower Friday, halting a three-session winning streak, with OPEC and its allies set to debate a potential increase in crude output in Saudi Arabia over the weekend and some analysts still wary that trade tensions will slow global growth and commodity demand.

• West Texas Intermediate futures, the U.S. price benchmark, closed down 0.2% at $62.76 a barrel on the New York Mercantile Exchange. Prices are up 38% for the year, though they are down 5.3% from their April peaks.