REUTERS

London Brent crude for November delivery LCOc1 was down 36 cents at $49.63 a barrel by 0023 GMT. It settled up $2.01, or 4.2%, at $49.99 on Thursday after touching a near two-week high of $50.14 earlier, according to Reuters.

NYMEX crude for October delivery CLc1 was down 35 cents at $47.27, after settling up $2.12, or 4.7%, on Thursday.

U.S. crude stocks dropped 14.5 million barrels last week to 511.4 million barrels, the biggest weekly drop in stockpiles since January 1999, according to government data.

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Traders said the imports fell as ships delayed offloading cargoes in Texas and Louisiana due to Tropical Storm Hermine.