Wall Street Journal | Oil Slides on ECB's Easing, Storage Build Wall Street Journal U.S. oil for March delivery recently fell 47 cents, or 1%, to $47.31 a barrel on the New York Mercantile Exchange, down from about $48.50 a barrel from before the announcement. Brent, the global benchmark, recently fell 21 cents, or 0.4%, at $48.82 a ... Oil fluctuates ahead of ECB meeting, inventory data Oil drops below $49 after ECB announces bond buying Oil slips in reaction to ECB move |