Commodities

Crude Oil Pulls Back Sharply Amid Lingering Demand Concerns

After rebounding from last Wednesday's slump over the two previous sessions, the price of crude oil showed a significant move back to the downside during trading on Monday.

Crude for June delivery tumbled $0.97 or 1.5 percent to $62.05 a barrel after rising $0.23 or 0.4 percent to $63.02 a barrel last Friday.

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by RTTNews Staff Writer

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