Brent crude oil prices fell below US$ 50 (RM178.09) a barrel for the first time since May 2009 on Wednesday as global business growth slowed to its weakest in a year.
Brent falls below US$ 50 for the first time since May 2009
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Brent crude oil prices fell below US$ 50 (RM178.09) a barrel for the first time since May 2009 on Wednesday as global business growth slowed to its weakest in a year, and analysts said a growing supply glut meant more falls were likely.
