CNBC | Brent oil falls to $76 as worries mount on demand outlook CNBC Oil slipped to around $76 a barrel on Wednesday, paring losses after hitting its lowest since late August, pressured by concern that demand is weakening and supply ample even as U.S. sanctions loom on oil exporter Iran. In a sign supply is plentiful ... Oil prices tumble 5% as Saudis pledge to produce as much as they can Oil extends drop, falling towards $75, on demand worries Oil Extends Losses on Signs of Rising Inventory |