Oil Falls on Speculation Slow Recovery Will Limit Energy Demand
By Gavin Evans and Christian Schmollinger April 27 (Bloomberg) — Crude oil fell, snapping four days of gains, on concern the US economy will keep shrinking, worsening an oversupply.
Oil falls 6% on stronger dollar, economic concerns
By Polya Lesova, MarketWatch NEW YORK (MarketWatch) — Oil prices fell more than 6% Monday to trade below $47 a barrel, as US dollar strength, falling stock markets and ongoing concerns about the global economy pressured the energy market.