NYMEX June light sweet crude settled down $9.44 at $99.80 per barrel, after trading in a $98.37 to $109.38 range.

Market news

5 May 2011

NYMEX June light sweet crude settled down $9.44 at $99.80 per barrel, after trading in a $98.37 to $109.38 range.

This is the first sub $100 close since March 16. At the earlier low, WTI was off $16.46 from the 31-month high of $114.83 posted Monday

Schedule for today, Friday, May 06 2011:

Dow -61.27 at 12662.69, Nasdaq +9.05 at 2837.28, S&P -3.58 at 1343.74

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