Wall Street Journal | Oil Prices Probe Bear Territory from Oversupply Wall Street Journal A combination of an expanding global gasoline glut, early signs of increasing production in the U.S., and rising output from the Organization of the Petroleum Exporting Countries have dragged down oil prices by around 20% since they broke above $50 in ... Oil faces big monthly loss on slowing economic growth, oversupply Oil in bear market territory: 5 things to watch Oil price continues to tumble – could it fall to $35? |