US crude settles at $48.90, tumbling nearly 5% on disappointment in OPEC's production policy

US crude settles at $48.90, tumbling nearly 5% on disappointment in OPEC's production policy This is a developing news story. Please check back for updates: http://www.cnbc.com/2017/05/24/oil-prices-rise-in-anticipation-of-extended-opec-led-production-cut.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

To ensure delivery to your inbox,
please add breakingnews@response.cnbc.com
to your address book.