Brent crude fell towards $54 a barrel on Friday and was on track for its third weekly loss, hurt by oversupply worries after Kuwait said OPEC had no choice but to maintain output levels. High inventory in the United States, the world’s largest oil consumer, also weighed on prices. Brent crude for May delivery (LCOc1) had fallen 13 cents to $54.30 a barrel by 0622 GMT. So that’s a further supply side concern on top of news coming out of Kuwait,” said Ben Le Brun, market analyst at OptionsXpress in Sydney.