Wall Street Journal | Oil Dips on Supply Concerns Wall Street Journal Oil prices opened the week lower on Monday on renewed concerns about a global glut in crude supply. The European benchmark, Brent, was trading down 1% at $48.24 a barrel for July delivery. Its U.S. counterpart, West Texas Intermediate, was trading ... Oil falls after Iran dampens hopes for production freeze Oil prices pitch lower on signs global supply glut remains Oil price: Has rally set a $50 ceiling? |