Energy Voice | Oil drops for third day as Libya supply seen fueling global glut Energy Voice Oil's recovery from a six-year low has faltered near $60 a barrel as the price advance of almost 40 percent since March spurs production. Saudi Arabia, Iraq and the United Arab Emirates are pumping at a record, even as the Organization of Petroleum ... Oil drops for a third day Oil declines a third day as US, Opec output prolongs surplus |