Wall Street Journal | Oil Prices Stabilize but Oversupply Concerns Linger Wall Street Journal Oil prices stabilized on Tuesday, with some bargain-hunting after dropping below $40 for the first time since April, but analysts suggested the growing global supply of crude and refined products threatens to drag prices back down to the $35 range in ... Kilduff: Four-letter word that sums up the oil market right now Here we go again: Oil plunges back below $40 Oil re-enters bear market on renewed glut fears |