Crude-oil prices fell Friday, keying off concerns about the U.S. economy slipping into recession as a deadline to avert a package of tax increases and spending cuts approached without a budget deal from Washington.
Crude for February delivery CLG3 -0.11% fell $1.47, or 1.6%, to settle at $88.66 a barrel on the New York Mercantile Exchange. Oil futures for the week, however, closed up 2.2%.
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