Oil prices dropped below $114 a barrel Friday in Asia on slowing economic growth speculations.
U.S. crude for September delivery fell $1.54 to $113.47 a barrel in electronic trading on the New York Mercantile Exchange by midafternoon in Singapore. The contract fell 99 cents overnight to settle at $115.01 a barrel.
440
Oil Prices Eased amid Economic Slowdown
Oil prices dropped below $114 a barrel Friday in Asia on slowing economic growth speculations