Crude oil breaks bottom line of $50/barrel.

The latest fall means oil is the cheapest it has been for over three years,
and defies predictions earlier this year from some leading producers who
said it could peak at $200 a barrel.
Oil prices fell below $50 a barrel today at 14.45 GMT for the first time since May 2005,
reflecting declining demand as the global economy slows - London-traded
Brent crude fell $3.10 to $48.62 a barrel, while US light sweet crude was
91 down $3.71 to $49.91
The average price of oil for the year to date was $107.72. It peaked at $147.25
a barrel in July this year, well over twice the level it was at in the same month
in 2007.
The decline in the value of oil is good news for motorists and consumers.
The price of petrol is likely to fall and utility bills will also come down if the
price remains low, although some energy companies have been criticised
for failing to pass on price cuts to their customers quickly enough