BCN-05 US oil prices end down 7.7% at $50.42/barrel

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ZCZC

BCN-05

OIL-PRICES-MARKETS

US oil prices end down 7.7% at $50.42/barrel

NEW YORK, Nov 24, 2018 (BSS/AFP) – US oil prices finished sharply lower
Friday, weighed down by worries over excess supply and tepid demand amid
global economic uncertainty.

The benchmark US contract, West Texas Intermediate for January delivery,
dropped $4.21 to $50.42 a barrel in a holiday-shortened session, a decline of
7.7 percent and the lowest level in more than a year.

BSS/AFP/HR/0920