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Archive Home > 2009 > March > 31 > Oil falls below $49

Oil falls below $49


March 31, 2009

HOUSTON — Oil prices tumbled below $49 Monday as unease about the economy — from Asia to Wall Street — raised doubts about the global appetite for energy.

Benchmark crude for May delivery fell more than 7.6 percent, or $3.97, to settle at $48.41 on the New York....

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