The July WTI and August Brent contracts each lost more than $3 Friday.
West Texas Intermediate (WTI) crude oil for July delivery plunged again Friday, losing $3.09 to settle at $53.50. The WTI traded within a range from $53.10 to $56.61.
The August Brent contract also fell sharply Friday, declining $3.34 to end the day at $61.99 per barrel.
Crude Oil Ends May with a Thud
