Friday saw a drop in crude oil prices and those for natural gas.
Traders expected weaker demand in the states while OPEC and its allies are planning a big increase in supply this fall. OPEC+ members will meet this week.
Global benchmark Brent crude futures for October delivery expired on Friday and closed down 50 cents or 0.73% to $68.12 a barrel. Brent’s more active contract for November closed down 53 cents or 0.78% at $67.45 per barrel.
U.S. standard, West Texas Intermediate crude finished down 59 cents or 0.91% at $64.01 per barrel onthe New York Mercantile Exchange.
Natural gas fell more than 2% on Friday with a drop of $0.061 closing at $2.936 per MMBtu.
Oklahoma energy stocks were split on the Friday before the Labor Day holiday.
While Helmerich & Payne gained more than 3%, Matrix Service Co. fell nearly 4%.