Oil price finishes week below $98 a barrel

AP News
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Posted: Nov 18, 2011 4:12 PM
Oil price finishes week below $98 a barrel

Oil prices dropped below $98 per barrel Friday at the end of a volatile week that mixed jitters about Europe's debt with the prospect of tighter oil supplies and improving economic conditions in the U.S.

Here's how energy prices traded.

On the New York Mercantile Exchange:

Crude fell $1.41 to end the week at $97.41 per barrel;

Gasoline gave up 2.87 cents to finish at $2.4784 per gallon.

Heating oil fell 5.07 cents to end at $3.0325 per gallon.

Natural gas lost 9.4 cents to finish at $3.3160 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell 69 cents to end at $107.40 per barrel.