Wall Street Journal (subscription) | Oil Prices Pare Losses Wall Street Journal (subscription) Oil prices pared their losses Thursday after falling sharply when U.S. supply data a day earlier showed swelling stockpiles and stubbornly high production. The benchmark U.S. oil contract was down 1.4% at $39.20 a barrel on the New York Mercantile ... Oil set for weekly loss as huge supplies cut short rally Crude pares losses after Baker Hughes reports US rig count decline Oil prices fade to below $40 per barrel |