By Sam Li and Lewis Jackson

(Reuters) -Oil prices edged lower on Friday after big falls in the last session over concerns about possible softening of U.S. demand and broad oversupply that offset worry about supply disruption from conflict in the Middle East and war in Ukraine.

Brent crude futures fell 30 cents, or 0.45%, to $66.07 a barrel by 0114 GMT, while U.S. West Texas Intermediate crude fell 31 cents, or 0.5%, to $62.06.

The benchmarks lost 1.7% and 2%, respectively, in the last trading session.

The losses on Thursday came as the International Energy Agency said in its monthly report that world oil supply would rise more rapidly than expected this year due to planned output increases by the Organization of the Petroleum Exporting Countries and allies like Russia, a grouping known

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