OIL FUTURES:Crude Sinks Below $50/Bbl On Weakening Econ - Wall Street Journal

(Updates with API oil inventory report, recent price) NEW YORK (Dow Jones)--Crude oil futures fell Tuesday amid new doubts about the U.S. economy and after the API released figures showing a larger-than-expected build in U.S. crude inventories.

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Light, sweet crude for May delivery lost another quarter in after-hours screen trade after settling 64 cents, or 1.3%, lower at $49.41 a barrel on the New York Mercantile Exchange, ending below $50 a barrel for the first time since April 8. May Brent crude on the ICE futures exchange settled 18 cents, or 0.4%, lower at $51.96 a barrel. Email Newsletters and Alerts The latest news and analysis delivered to your in-box. Check the boxes below to sign up.

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