US crude settles at $49.62, down over 6% this week on OPEC output cut doubts

US crude settles at $49.62, down over 6% this week on OPEC output cut doubts This is a developing news story. Please check back for updates: http://www.cnbc.com/2017/04/20/oil-markets-remain-cautious-on-record-supplies.html Follow @CNBCnow for breaking news and real-time market updates Send this email to a friend Unsubscribe  Advertise  More Newsletters  Digital Products © 2015 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue Englewood Cliffs, NJ 07632

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