Reuters LONDON - Oil dropped below $144 a barrel on Friday, but was still within sight of record highs reached in the previous session when traders bought into the market ahead of a holiday weekend in the United States. U.S. crude oil was down $1.44 at $143.85 a barrel by 1:00 p.m. EDT, below an all-time high of $145.85 hit on Thursday. The contract has risen more than 50 percent this year. London Brent was down $1.66 at $144.42. Prices fell more than a dollar after Iran said it would make a response later on Friday to proposals from six world powers to try to resolve a long-running dispute over its nuclear development program. Iran subsequently handed its response to European Union foreign policy chief Javier Solana, but did not give any details about its content. The United States, China, Russia, Germany, Britain and France...
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