CNBC | 5 reasons oil is heading to new tipping point Yahoo7 News The negative factors that have pounded oil prices continue to hang over the market, and the world is still facing oversupply of about 2 million barrels a day. Strategists say the chief wild card that could send oil to new lows is Iran — and ... US oil settles down 2.4%; 3rd-straight daily loss Global Demand Growth for Oil May Fall by a Third in 2016 Oil drops to a nearly 3-week low as crude supplies jump |