CNBC | Europe shares lower as oil prices slide; Julius Baer up 4% CNBC The price of oil is the main focus for markets today. After a brief reprieve on Tuesday, with both U.S. crude's West Texas Intermediate (WTI) and the global benchmark Brent futures rising more than 2.5 percent each, the upward momentum did not continue. Crude oil prices drop towards $37 as weak outlook prevails Crude oil prices drop more than 1 percent as weak outlook prevails What Could Drive the Price of Oil |