Oil futures fall over 1% after last week’s rally
Oil futures fall over 1% after last week’s rally May 12th, 2008 NEW YORK (MarketWatch) — Crude-oil futures fell sharply Monday, retreating after their record-breaking run higher last week when they rallied over 8%. Crude oil for June delivery fell $1.98 to $123.98 a barrel in electronic trading on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. Original pos
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