CNBC | Asia trades higher, shrugging off oil lows CNBC Oil prices remain under pressure due to a global supply glut. For a fourth day, West Texas Intermediate (WTI) and Brent futures traded in U.S. hours at their lowest since February 2009, during the Global Financial Crisis, after OPEC announced last week ... OPEC's Oil Output Hits Three-Year High Oil dips below $37 as OPEC pumps most in three years 4 reasons crude-oil prices are in a nasty death spiral—again |