Bloomberg | Oil Trades Near $35 as Glut Worsens While Fed Sinks Commodities Bloomberg Oil traded near $35 a barrel and headed for a third weekly decline amid a worsening U.S. supply glut and the first interest rate increase by the Federal Reserve in almost a decade. Futures were little changed in New York after closing Thursday at the ... Crude Oil Still Searching For A Bottom As Record Inventories Threaten Storage ... |