Wall Street Journal | Oil Prices Drop on Oversupply Worries Wall Street Journal LONDON—Oil prices fell on Tuesday as worries of oversupply grind the market lower once again. The global benchmark, Brent crude, is trading down 2.4% at $38.58 a barrel. Its U.S. counterpart, West Texas Intermediate, is trading down 2.12% at $36.39 a ... Oil prices fall as clouds gather over supply picture Oil Freeze Talks Hit Impasse As Iran Seeks Production Carve-Out US oil closes at $37.18, down $1.32, or 3.4 pct |