SINGAPORE, Nov 10 Reuters Oil prices were up slightly on Friday but are set to fall for a third week as concerns of supply disruptions from the IsraelHamas conflict have ebbed, allowing demand worries to reassert themselves.

Brent crude futures for January were up 40 cents, or 0.5, at 80.41 a barrel at 0729 GMT, while the U.S. West Texas Intermediate WTI crude futures for December were at 76.04, up 30 cents, or 0.4.

Brent futures are down 5.7 this week while WTI has declined 5.9 since last week. The three weeks of declines are the longest weekly losing streak for both contracts since a fourweek drop from midApril to early May.

The threat of disruptions to supplies from the Middle East continues to fall, ANZ Research said in a note on Friday.

The conflict remains well contained within Gaza, despite concerns it would escalate as neighbouring Arab nations show their displeasure.

The White House said on Thursday that Israel had agreed to pause military operations in parts of north Gaza for four hours a day, though there was no sign of a complete letup.

The sense supply disruptions from the IsraelHamas conflict are easing is occurring as concerns around demand, especially from China, the world39;s largest oil importer, are rising.

Weak Chinese economic data this week increased worries of faltering demand. Additionally, refiners in China, the largest buyer of crude oil from the world39;s largest exporter Saudi Arabia, asked for less supply from Saudi Arabia for…