CNBC | Oil drops 2.3% to hover near $30 in Asian trade CNBC Already weak oil prices extended their decline in Asian hours, nearing $30 a barrel, with a stronger dollar and jitters over volatile Chinese markets weighing on sentiment. U.S. WTI light sweet crude oil was 2.3 percent lower at $30.68 a barrel, while ... Oil Flirts With $30 a Barrel Oil prices tumble 3 percent to just over $30; traders bet on more falls 'Lower for longer:' Oil prices crater to 2003 levels |