U.S. crude falls below $74 on Dubai debt fears

PERTH Nov 27 (Reuters) - U.S. crude fell below $74 a barrel on Friday, extending its decline from the previous day, as nervous investors roiled by debt problems in Dubai pared their positions.

U.S. crude for January delivery stood at $73.84 by 0744 GMT, down $1.44 from earlier on Friday. London Brent crude LCOc1 fell $1.66 to $75.33.

For a full oil market report, click on [O/R] (Reporting by Fayen Wong; Editing by Clarence Fernandez) ((fayen.wong@thomsonreuters.com; +618 9456 1947; Reuters Messaging: fayen.wong.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))