Wall Street Journal | Oil Flirts With $30 a Barrel Wall Street Journal Crude-oil prices fell hard in Asia on Tuesday as traders built up short positions in the midst of crumbling confidence in the Chinese economy and a growing global glut. The benchmark West Texas Intermediate fell into the $30 range, hovering around a ... Oil loses a further 1.4% to wallow at 12-year lows Crude oil prices fall almost 20 percent since beginning of the year Oil dive deepens to 12-year low; could hit $20 on China woes |