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Crude Oil Sees Record $35 Intraday Price Swing

Oil prices plunged from $119 to $84 per barrel in one trading session, marking the largest single-day dollar movement ever recorded.

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Terms & Concepts
  • Intraday swing: A price movement that occurs within a single trading day, reflecting volatility in market conditions.
  • Crude oil: A naturally occurring fossil fuel processed into products such as gasoline and diesel; traded globally as a key commodity.