Wall Street Journal | Oil Prices Decline as Investors Await US Stockpiles Data Wall Street Journal Oil prices dropped below $69 a barrel Tuesday as investors weighed declining U.S. inventories against signs of rising output from OPEC and Russia. Light, sweet crude for September delivery fell 2.2% to $68.52 a barrel on the New York Mercantile Exchange. Oil Swings Lower in July Amid Demand Worries, Risk of Oversupply US crude rises 2.1%, settling at $70.13, boosted by signs of tight oil supply Oil retreats as Iran supply concerns ease and focus shifts to US crude supplies |