Crude oil prices closed sharply lower in futures market on Friday as the U.S. dollar index hit a fresh eight-month high, adding more pressure to an already oversupplied, bearish market.
Light sweet crude oil (WTI) futures plunged 1.33 dollar or 3.09 percent to close at USD 41.71 a barrel at the New York-based commodity exchange NYMEX.
Brent crude oil futures plunged 1.31 dollar or 2.84 percent to close at USD 44.86 a barrel at NYMEX. WTI-Brent spread was stable on Nov-2015.
Natural gas futures remained flat at 2.212 a gallon at the NYMEX. RBOB gasoline futures remained flat at 1.337 a gallon at the NYMEX.
In refined products, RBOB heating oil futures remained flat at 1.378 a gallon at the NYMEX.