Bloomberg | Oil Steadies After Slump as Traders Still Wary on Supply Risks Bloomberg Oil has tumbled more than 8 percent from a 2014 high reached earlier this year on concern that an escalating trade spat between the U.S. and China will crimp global economic growth and reduce demand. Prices are also retreating as America and Saudi ... The Best And Worst Oil Price Predictions Oil price drops on talk of increased global supply, slowdown in ... Oil prices fall for second day on oversupply concerns |