CNBC | Oil could drop into the $20s: Kilduff CNBC Up until recently, the oil-price decline was primarily driven by surging supplies from all corners of the world. Every major producer that has been able to up production has done just that, with several hitting record output levels, such as Saudi ... The Age Of $40 Oil Is Here Saudi stocks bear market as oil slides on supply glut Egypt, Saudi Aramco sign $1.4 bln oil products deal |