Reuters: Oil drops 7 percent to 3-1/2-year low below $50

[chris]

Oil drops 7 percent to 3-1/2-year low below $50
      

NEW YORK (Reuters) - Oil prices dropped more than 7 percent to below $50 a barrel on Thursday as a bearish U.S. jobs report intensified concerns of a long and deep global recession and further crushed fuel demand expectations.<div class="feedflare">
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