Reuters | Oil falls towards $50 on higher supply outlook, economic worries Reuters LONDON Oil fell towards $50 a barrel on Thursday, pressured by higher Nigerian output and concern about the economic outlook following Britain's vote to leave the European Union last week. Returning Nigerian supply will put pressure on prices, Goldman ... US oil ends 4.2 pct higher, at $49.88, on large crude drawdown Why the U.S. oil stash has shrunk 6 weeks in a row Oil Rises on Tightening Stockpiles, Broad Market Recovery |