Oil Futures Settle At a More Than Two Week Low

By Markets MarketWatch Pulse

Oil futures settled at a more than two week low on Friday, pressured by growing doubts that major crude producers will agree on a plan to freeze output. May WTI crude settled at $36.79 a barrel on the New York Mercantile Exchange, down $1.55, or 4%. Prices, which settled at their lowest level since March 15, lost 6.8% for the week, according to FactSet.

Continue Reading Below

Copyright © 2016 MarketWatch, Inc.