Sliding doors: Oil down 6.5%
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Oil climbed Friday, surpassing the high set earlier this week and notching a fresh 13-month peak.
West Texas Intermediate crude hit $59.82 a barrel on Friday, its highest level since January 2020, a promising sign as the industry grapples with depressed demand during the coronavirus pandemic.
However, after a 23% rally so far this year, one top energy expert warns the commodity may have gotten ahead of itself.
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