NEW YORK (Dow Jones)--Crude oil futures prices settled lower Friday, posting the biggest single-day loss in two weeks on worries over near-term supplies outpacing demand.
Light, sweet crude oil for October delivery on the New York Mercantile Exchange settled 3.7%, or $2.65, lower at $69.29 a barrel. That was the biggest decline since Aug. 31 and followed four days of gains that pushed prices up by nearly $4 a barrel. Email Newsletters and Alerts The latest news and analysis delivered to your in-box. Check the boxes below to sign up.
Full Story: CORRECT: UPDATE: OIL FUTURES: Crude Settles Down On Oversupply Worries - Wall Street Journal
Light, sweet crude oil for October delivery on the New York Mercantile Exchange settled 3.7%, or $2.65, lower at $69.29 a barrel. That was the biggest decline since Aug. 31 and followed four days of gains that pushed prices up by nearly $4 a barrel. Email Newsletters and Alerts The latest news and analysis delivered to your in-box. Check the boxes below to sign up.
Full Story: CORRECT: UPDATE: OIL FUTURES: Crude Settles Down On Oversupply Worries - Wall Street Journal
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