MarketWatch | 'Undertow' could drag oil back below $40 a barrel MarketWatch But those factors offer “excuses” rather than reasons for oil's recent price retreat, Tom Kloza, global head of energy analysis at the Oil Price Information Service, told MarketWatch. Instead, an “undertow” in the market linked to refiners' demand for ... Oil Reverses Despite Market Uncertainty How Will Oil Prices Increase In The 2nd Half Of 2016? |