The Globe and Mail | Oil Skids to 12-Year Low Wall Street Journal Oil took another tumble, with the U.S. benchmark price dropping to its lowest level since December 2003. While prices now and 12 years ago are the same, the differences in the oil market from the two eras are stark. The last time oil was at these ... Oil dive deepens to 12-year low; could hit $20 on China woes US oil settles down $1.75, or 5.28%, at $31.41 a barrel 'Lower for longer:' Oil prices crater to 2003 levels |