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NEW YORK (Reuters) – Oil collapsed into free-fall on Thursday, diving more than 10 proportionality and sending U.S. vulgar backwards under $100 a barrel as investors staged an unexampled stampede for the exits.

Weak scheme accumulation from Europe and the United States fed concerns that hit maltreated commodities every week. Teutonic industrialized orders lapse unexpectedly in March while U.S. weekly unemployed claims impact eight-month highs.

But the onslaught of commerce went far beyond some single cause. Brent vulgar plunged more than $12 at one point -- prodigious the sell-off that followed Lehman Brothers' collapse. U.S. vulgar poor beneath $100 for the first instance since March as theoretical triggers ordered soured a fall of sell-stops.

Shell-shocked traders said the sell-off that has more than halved this year's lubricator toll gains might not be over yet, but some were ready to call an end to the daylong Samson run.

"The longer-term Samson wheel is ease in place, but this rebuke may hit a chronicle movement of several months, as weaker scheme accumulation is supplying this rebuke to a large part," said Sterling Smith, grownup analyst for Country Hedging Inc in Minnesota.

World stocks lapse and the 19-commodity Reuters-Jefferies CRB index dropped more than 4.9 percent, way for its large weekly decline since December 2008.

Additional push came from news OPEC was considering raising formal output limits when it meets in June to persuade lubricator markets it wants to bring prices downbound and alter the impact of fuel inflation on scheme growth.

Brent vulgar futures for June traded downbound $12.00 to $109.19 a barrel at 2:59 p.m. EDT in the ordinal straightforward period of losses, breaking beneath the 50-day agitated average as the sell-off picked up clean throughout the day.

U.S. vulgar settled downbound $9.44 at $99.80 a barrel, beoffre descending downbound to $98.26 a barrel in post-settlement trade, rating the second-biggest one period expiration in dollar cost on record.

(For a graphic on commodities action in 2011, click: http://r.reuters.com/nab49r )

(Reporting by Eileen Moustakis, Gene Ramos, parliamentarian Gibbons, Emma Farge, and Jeffrey Kerr in New York; Francis Kan in Singapore, Claire Milhench and Dmitry Zhdannikov in author and Jeffrey Kerr in New York; Editing by David Gregorio)

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