CNBC | Kilduff: Four-letter word that sums up the oil market right now CNBC After peaking in early June, near $52, WTI oil prices have fallen upwards of twenty percent, getting under $41 per barrel, for a time, on Friday. There were several supply issues that ranged from the Canadian wild fires to renewed unrest in the Niger ... Saudi Arabia Cuts Oil Price to Asia as Iran Battle Heats Up Nigeria's oil faces threat as Saudi Arabia cut prices Why oil prices are headed lower |