Crude slips again

Prices drop for third straight day

Crude prices dropped on Friday, 20 August 2010. October crude oil futures finished lower by 1.3% to $73.85 per barrel. Crude was once again marred by strong dollar concerns about the economy and finished the session in the red for the third consecutive day and for the eighth session in 9 days. Oil lost 2.6% for the week.



Reformulated gasoline for September delivery lost less than a penny, or 0.2%, to $1.93 a gallon. September natural gas declined 5 cents, or 1.3%, to $4.12 per million British thermal units.

In the currency market on Friday, the dollar index, which weighs the strength of the dollar against a basket of six other currencies rose by 0.8%.