Nymex-Brent Crude Spread Ends Turbulent Week at Around $10

摘要

Crude futures drifted lower Friday, extending the previous day's losses, after a turbulent week which saw Nymex crude jump to over $100 per barrel on news that a pipeline could start delivering crude from Cushing, Oklahoma, to the US Gulf Coast by the second quarter of next year. December Nymex crude fell $1.41/bbl to $97.41/bbl Friday and was down $1.58/bbl for the week. December Brent crude fell 66￠ to $107.56/bbl and showed a loss of $6.60 for the week