Wall Street Journal | Oil Prices Dragged Back on Oversupply Concerns Wall Street Journal LONDON—Oil prices fell on Monday, as concerns that the market is oversupplied reappear. Brent crude, the global benchmark, is trading down 1.68% at $39.72 a barrel, while West Texas Intermediate fell 1.97% to $37.74 a barrel. Oil has been rallying ... Local players dare to hope that worst is over for oil prices Traders positioning for rebound in crude oil prices Could oil's long, dark winter finally be over? Why there's reason to be pessimistic |