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Oil Prices Drop $4 In Last 48 Hrs.

Oil prices have dropped over $4 In the last 48 hours bringing the price of oil below $50 a barrel. This is the lowest oil prices have been since last November as crude has held steady over $52-$54 in the last 6 months.

Some experts claim this is a quick dip and oil prices will rebound quickly, while others predict this is something bigger that the industry should be concerned about.

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