GO
Loading...

Are You Buying or Selling Crude Right Now?

Getty Images

Brent crude oil slipped to a six-week low below $110 per barrel on Friday, weighed down by growth worries as political gridlock brought the prospect of massive U.S. government spending cuts and on disappointing European industrial data.

(Read More: Technical Indicators Turn Traders Bearish on Crude Oil)

Brent crude futures fell $1.56 to a low of $109.82 per barrel, its weakest since mid-January, before recovering slightly to around $110.10 by 1445 GMT. For the week, the contract is down more than 3 percent, its third consecutive weekly loss.

U.S. light, sweet crude fell to a low of $90.44, down $1.61. The contract has lost more than 2.5 percent for the week.

(Read More: Track US Crude Futures Here)

Vote
Vote to see results
Total Votes:

Not a Scientific Survey. Results may not total 100% due to rounding.

That said, we want to hear from you — are you buying or selling crude right now?

Vote now in our "Futures Now" poll!

Contact Futures Now

  • Showtimes

    Watch Futures Now Tuesdays & Thursdays 1p ET exclusively on cnbc.com!

Sponsor Links

  • CME Group brings buyers and sellers together through its CME Globex electronic trading platform and trading facilities in New York and Chicago.

  • Take your trading to the next level with a platform that lets you trade stocks, options, futures and forex all in one place with no platform or data with no trade minimums. Open an account with TD Ameritrade and get up to $600 cash.