U.S. Crude Prices Fall as Another Storm Approaches

Oil prices were lower Friday as investors braced for Tropical Storm Nate, anticipating the storm would cause refiners on U.S. Gulf Coast to slow down. U.S. crude futures fell $1.28, or 2.52%, to $49.51 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell $1.09, or 1.9...
U.S. Crude Prices Fall as Another Storm Approaches