Nymex crude for May slipped 13¢ on Friday to settle at $52.51 per barrel, putting it up only 13¢ over the course of a volatile week. Traders had expected more of a downward adjustment following the sharp rally in the previous session. May Brent on ICE Futures raised its premium over Nymex crude and gained 72¢ on the day to close at $53.47/bbl.
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