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Oil suffers a loss as natural gas jumps 5.2% on week

Saturday, 21 February 2015


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 Crude-oil futures on Friday suffered from their first weekly loss in a month as U.S. supplies continue to mount, but natural-gas prices rallied as much of the U.S. experienced below-normal temperatures.

Oil for March delivery CLH5, -2.44%  gave up 82 cents, or 1.6%, to settle at $50.34 barrel on the New York Mercantile Exchange. That was the lowest settlement price since Feb. 11.


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