Bloomberg | Brent Crude Falls Below $50 a Barrel Wall Street Journal DEVELOPING STORY. Nymex Crude Settles Down $1.95, or 4.1%, at $45.17/Bbl. US Oil Sees Largest Losses in Nearly a Month, Hits Fresh Four-Month Low. Strong Production, Sluggish Global Economy Suggest Lingering Oversupply in Oil. More to come. Oil CEOs' Grim Outlook Rubs Off on Speculators Fleeing Market Oil Falls Below $50 a Barrel |