Crude oil futures dropped almost 3% to trade around a two-week low of $37.7 a barrel on Friday, heading for a second weekly loss after US President Donald Trump tested positive for COVID-19 raising worries about the impact in the outcome of presidential elections. Prices were already under pressure amid mounting concerns over fuel demand recovery as the number of coronavirus infections continue to rise worldwide including major economies like the US, the UK, Germany and France. Also, supply worries on the back of the resumption of Libyan exports weighted on sentiment.