Wall Street Journal | Oil Prices Rally, Erasing Earlier Losses Wall Street Journal U.S. oil prices rose Monday, erasing earlier losses, after nearing the psychologically key $40-a-barrel level. The U.S. benchmark had fallen as low as $40.06 a barrel on the New York Mercantile Exchange in intraday trading before rebounding. Prices ... US oil snaps 3-day losing streak; settles up $1, at $41.74 a barrel In the oil price war, it's hard to tell who's losing—OPEC or US shale Economic uncertainty, supply glut weigh on oil after Paris attacks |