Following the rebound seen in the previous session, the price of crude oil showed a significant move back to the downside during trading on Friday.
Crude for June delivery tumbled $0.95 or 1.6 percent to $58.29 a barrel after jumping $1.03 or 1.8 percent to $59.24 a barrel during Thursday's session. With the sharp pullback on the day, the price of crude oil plunged by 7.5 percent for the week.
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