NYMEX Crude Down Friday, Up Nearly 5/bbl on Week

摘要

The price of the front-month crude oil futures contract on the New York Mercantile Exchange (NYMEX) declined 1% on Friday, to 88.60/bbl.Though Friday was the second time in three days the price of NYMEX crude fell, it was also the second time in the past nine trading days the price was down. Thus, the price climbed 5.5% from the previous Friday during a week in which it set a new record high three times.