Oil falls on fresh signs of global slowdown
Oil prices plunged Friday as bleak reports on U.S. job growth and manufacturing heightened worries about a slowing global economy. Here's how energy contracts traded:
On the New York Mercantile Exchange:
Crude dropped $3.30 to end at $83.23 per barrel.
Gasoline fell 6.59 cents to end at $2.6568 gallon.
Heating oil dropped 7.53 cents to end at $2.6279 per gallon.
Natural gas fell 9.6 cents to end at $2.326 per 1,000 cubic feet.
On the ICE Futures exchange in London:
Brent crude dropped $3.44 to end at $98.43 per barrel.