Crude Oil price has been getting a breather in the last few days after falling sharply since mid-April. The Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX) had plummeted over 18 per cent from $53.75 per barrel in April to record a low of $43.76 per barrel on May 5. However, the contract has reversed higher again from this low and the prices are now poised at $46.60 ...

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