CNBC | Oil drops below $78 as supply concern eases, demand worries mount CNBC Oil fell below $78 a barrel on Wednesday as a U.S. Gulf tropical storm weakened and moved away from oil-producing areas and concern about weakening global demand added downward pressure. Crude had jumped the previous day as oil companies shut ... Banks Stick With This Year's Oil-Price Forecast but Lower 2019 Projection Iran may use secret oil shipments to skirt US sanctions Oil Drops Most in 2 Weeks on Supply Concern as Storm Weakens |