Oil dives below $50 as investor confidence sinks
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20081120/2008_11_19t005819_450x296_us_markets_oil.jpg?x=130&y=85&q=85&sig=11HSm5.BDlXNxCirHIS25w--" align="left" height="85" width="130" alt="A man waits to be served at a petrol station in Dhaka October 27, 2008. (Andrew Biraj/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081120/bs_nm/us_markets_oil)Reuters - Oil plunged below $50 a barrel on Thursday, deepening losses over the previous four sessions as battered financial markets reflected ever lower confidence in the world economy and evidence mounted of falling fuel demand.</p><br clear="all"/>
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