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Oil prices drop nearly 10% for the week [MarketWatch]

CME GROUP (CME)  More Company Research Source: MarketWatch
Last cme group earnings: 4/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
PDF Oil prices drop nearly 10% for the week Oil prices fell Friday , with the U.S. benchmark marking its lowest settlement in seven weeks. A report from Baker Hughes BHGE, -3.16% on Friday revealed that the number of active U.S. rigs drilling for oil climbed by 26--the largest weekly rise in more than a year. The uptick in drilling activity fed concerns about growing U.S. production. March West Texas Intermediate crude CLH8, -3.43% fell $1.95, or 3.2%, to settle at $59.20 a barrel on the New York Mercantile Exchange. Steep losses in the global stock market this week also contributed to oil's losses. [Read more]

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