Risk-off mood drags Brent crude oil 2.9% lower

A quick look at Friday: Brent Crude Oil ended Friday at $72.53 per barrel following from closing Thursday at $74.7. Overall, this represents a loss of $2.17 or 2.9%.

ICE Brent crude's value drop coincided with the fact that Natural Gas is down to $2.35, losing 16.4 cents, after ending the previous session around $2.51. Crude Oil lost 2.94% Friday and closed at $68.35.

Positive performances can be seen by looking at other Energy markets as Heating Oil increases 1.35% Friday and closed at $2.64.

ICE Brent crude is now trading 39.56% below the significant high of $123.6 it set around 9 months ago.