Oil Prices Fall Near $50 A Barrel

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Oil Prices Fall Near $50 A Barrel

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01-18-2007, 10:02 PM

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Oil Prices Fall Near $50 A Barrel

Oil prices briefly fell below $50 per barrel for the first time since May 2005, after the government reported larger-than-expected jumps in crude oil and gasoline inventories. Some experts are blaming the warm winter for the low prices.
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