India, Aug. 7 -- After fluctuating wildly earlier in the day, the price of crude oil has moved sharply higher over the course of the trading session on Friday.
Crude for September delivery was last seen trading at $78.10 a barrel, up $0.81 or 1.1 percent after slumping by a much as 1 percent in early trading.
With the increase on the day, the price of crude oil is extending the surge seen during Thursday's session, when prices shot up by nearly 3 percent.
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