NEW YORK (Reuters) - Oil futures prices were little changed on Friday amid mixed news on the U.S. economy and tariffs and concerns about oil supplies following the European Union's latest sanctions against Russia over the war in Ukraine.

Brent crude oil futures fell 24 cents, or 0.3%, to $69.28 a barrel, while U.S. West Texas Intermediate (WTI) crude futures fell 20 cents, or 0.3%, to $67.34.

As a result, the two oil benchmark indexes ended the week down around 2%.

In the United States, single-family home construction fell to an 11-month low in June as high mortgage rates and economic uncertainty hurt home purchases, suggesting residential investment contracted again in the second quarter.

Meanwhile, US consumer sentiment improved in July, while inflation expectations continued to decline.

Lower inflation should make it easier for the Federal Reserve to cut interest rates, which could lower consumers' borrowing costs and boost economic growth and oil demand.

Separately, US President Donald Trump is pushing for a minimum tariff of 15% to 20% in any deal with the European Union, the Financial Times reported on Friday, adding that the administration is now looking at a reciprocal tariff exceeding 10% even if a deal is reached.

Rising inflation could raise prices for consumers and weaken economic growth and demand for oil.

In Europe, the EU reached an agreement on an 18th package of sanctions against Russia over the war in Ukraine, which includes measures to harm Russia's oil and energy sectors.

"The new sanctions against Russian oil imposed by the US and Europe this week were met with a muted market reaction," analysts at Capital Economics said in a note.

"This reflects the fact that investors doubt that President Trump will follow through on his threats and believe that new European sanctions will be no more effective than previous attempts."

The EU will also no longer import any petroleum products made from Russian crude oil, although the ban will not apply to imports from Norway, the UK, the US, Canada and Switzerland, EU diplomats said.