Crude oil’s four-day, 20% rally hit the skids Wednesday, ending a brief rally in hard-hit oil patch stocks.

West Texas Intermediate crude, which jumped 7% to close above $50 a barrel for the first time in weeks, fell 8.7% to $48.45 a barrel.

The slide – the biggest one-day drop since late November – came after the U.S. Energy Information Administration said crude supplies rose to more than 413 million barrels last week. That’s the highest level for January in more than 80 years.

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