LONDON, March 8 (Reuters) - Brent crude oil futures fell $2 to $109.15 a barrel on Friday as investors continued to liquidate long positions across the commodities sector and piled into equities.
Rising supplies from the North Sea and OPEC have encouraged the view that oil is plentiful and that prices should correct lower.
U.S. dollar strength also ate into oil prices, as a stronger dollar makes commodities priced in dollars more expensive for buyers using other currencies.
By 1313 GMT, the front month contract was down $1.72 at $109.40 a barrel, off an intraday low of $109.14. U.S. crude futures were down 46 cents at $91.10 a barrel at the same time.
(Reporting by Claire Milhench)