CNBC | A 'tremendous speculative bubble' is gripping the oil market right now, oil expert Tom Kloza warns CNBC But a $15-$20 bbl drop doesn't compare to some historical declines ($111 bbl drop from the high in 2008) and the more than 50 percent drop of 2014-2015." The downward trend may spell bad news for Wall Street, but lower crude prices typically suggest ... |