Oil drops 2%, below $48, as US and Libya output gains outweigh OPEC, Russia cuts

Oil drops 2%, below $48, as US and Libya output gains outweigh OPEC, Russia cuts This is a developing news story. Please check back for updates: http://www.cnbc.com/2017/05/01/oil-edges-down-as-libya-output-hits-highest-since-2014.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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