oil futures ended with a loss on friday with us benchmark prices under 80 to settle at their lowest in more than a week us crude prices had a “little tugofwar around the 80 a barrel level” until the market knows more about china’s reopening momentum what the federal reserve will do to the economy and what opec will decide to do with production quotas said edward moya senior market analyst at oanda us benchmark west texas intermediate crude for march delivery clh23 declined by 133 or 16 to settle at 7968 a barrel on the new york mercantile exchange the lowest frontmonth contract finish since jan 18 according to dow jones market data