Crude ends down 8 percent in Jan

On Friday, U.S. crude futures ended down, raking up the biggest monthly percentage loss since December 2008.

The press release is quoted as saying:

For the month, NYMEX front month crude fell $6.47, or 8.15 pct, the biggest monthly percentage loss since December 2008, when front-month crude ended down $9.83, or 18 pct.

Click here to access the entire press release