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Crude slumps to 7 year low.

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Crude slumps to 7 year low. 

U.S. stocks ended lower on Monday, as a slump in oil prices which sent futures to seven-year lows, hit energy and materials stocks.

The slide in oil prices back to 2009 levels may send average U.S. gasoline prices below $2 a gallon for the first time in nearly 7 years, analysts said Monday.