Oil Turns Lower on Oversupply Concerns Morningstar.com U.S. oil for August delivery recently fell 15 cents, or 0.3%, to $44.99 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell 3 cents, or 0.1%, to $46.37 a barrel on ICE Futures Europe. Both are trading at nearly two-month ... |