Oil Prices continue to drop over rising over-supply concerns

Oil prices tumbled more than 2 percent on Friday as the market has rising concerns over persisting global oil over-supply.

The West Texas Intermediate for December Delivery lost 1.25 U.S. dollars to settle at 43.41 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery erased 1.09 U.S. dollars to close at 44.75 U.S. dollars a barrel on the London ICE Futures Exchange. Enditem