Oil falls 1 percent; U.S. crude set for longest losing streak since 1984

NEW YORK (Reuters) - Oil prices fell about 1 percent on Friday as global supply increased and investors worried that fuel demand could slow, putting U.S. crude on track for the longest stretch of daily declines since 1984.Benchmark Brent crude fell below $70 a barrel for the first time since early April, and was down about 20 percent since reaching four-year highs at the beginning of October. Brent crude futures fell 59 cents to $70.06 a barrel, a 0.8 percent loss by 12:20 EST (1720 GMT). It..