NEW YORK - Oil futures fell for the first time in 10 sessions Friday after a rally that has driven prices to new highs that some analysts say are unrealistic.
“It used to be a painting by a realist, now it’s abstract,” said Tom Kloza, publisher and chief oil analyst at the Oil Price Information Service, of recent trading of Nymex oil futures.
Futures were buffeted all day as some traders sold to lock in profits and others bought on worries about a tropical storm.
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