CRUDE OIL COLLAPSES: Now Down To $82

deepwater horizon

Photo: Flickr/SkyTruth

Pre-market crude oil futures plunged nearly 4 per cent Friday on this morning’s catastrophic nonfarm payrolls figure.July Brent contracts were down -3.81 per cent to $98, while WTI declined as much as -4.55 per cent to $82 — an eight-month low.

Meanwhile, gold futures spiked as much as 1.19 per cent to hit $1,581.45.

Natural gas, too, is getting beaten up — down -2.79 per cent to $2.36. 

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