
Crude-oil futures closed lower Friday with traders wary of the uncertain outlook for global oil demand, but prices finished out the year with a more than 8% gain.
Oil for February delivery shed 82 cents, or 0.8%, to settle at $98.83 a barrel on the New York Mercantile Exchange, with futures prices adding 8.2% to their value this year.
February natural gas fell 1.3%, or 3.8 cents, to finish at $2.99 per million British thermal units, sending futures prices down by 32% for the year as traders fretted about ample U.S. inventories.
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