Oil prices fell on Friday on worries that U.S. rig counts would continue to rise and that returning Libyan and Nigerian exports would stoke a global supply glut.

Brent crude futures  were trading at $46.32 per barrel at 0107 GMT, down 27 cents, or 0.6 percent, from their last settlement. U.S. West Texas Intermediate futures were down 24 cents, or 0.6 percent, at $43.67 a barrel.

"The focus will turn to drilling activity in the U.S., with another rise expected to raise concerns about a recovery in U.S. output," Australian bank ANZ said in a note.

Baker Hughes U.S. rig count data for the week to Sept. 16 is due on Friday. WTI prices that have held above $40 a barrel since the start of August have supported the growth in the number of U.S. rigs.U.S. drillers added seven oil rigs in the week to Sept. 9, bringing the total rig count to 414, the most since February.

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