Wall Street Journal | Oil Drops on Supply Concerns Wall Street Journal Oil prices fell Monday over concerns that major oil producers could increase production more than expected. Brent crude, the global oil benchmark, fell 1.1% to $78.35 a barrel on London's ICE Futures exchange. On the New York Mercantile Exchange, West ... Oil-Importing Countries Need a Cartel to Challenge OPEC What higher oil prices mean for OPEC and the US |