Light sweet crude for July delivery shed 72 cents to trade at $132.45 a barrel on the New York Mercantile Exchange after trading as high as $133.75. The contract gained $9.32 between May 15 and May 21.
July crude surged to a record high of $135.09 during the overnight electronic trading session on Globex.
July crude surged to a record high of $135.09 during the overnight electronic trading session on Globex.
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