What do you believe is the single most important factor driving up the cost of living in Nigeria?

An offshore oil rig off the coast of Norway.

Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors weighed the impact of hurricane damage on U.S. demand against any broad supply disruption if Israel attacks Iranian oil sites.

Brent crude oil futures fell 39 cents, or 0.5%, to $79.01 a barrel by 0152 GMT. U.S. West Texas Intermediate crude futures dropped 32 cents, or 0.4%, to $75.53 per barrel.

For the week, both benchmarks were headed for a 1%-2% gain.

In the United States, Hurricane Milton plowed into the Atlantic Ocean on Thursday after cutting a destructive path across Florida, killing at least 10 people and leaving millions without power. The destruction could dampen fuel consumption in some areas of the world's largest oil producer and consumer.

"Investors are evaluating how hurricane damage might impact the U.S. economy and fuel demand," said Hiroyuki Kikukawa, president of NS Trading, a unit of Nissan Securities.

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