Reuters | Oil drops to 10-month low; biggest first-half slide in 20 years Reuters Oil prices ran up in late 2016 and in early 2017 in response to OPEC's efforts, but several weeks of surprising inventory figures shifted sentiment among speculators, who have shed long positions as the crude glut has persisted. The December 2017 U.S. ... US oil falls 3%, hits lowest level since August Brent Oil Falls Below $45 as Pessimism Over Glut Takes Hold Oil holds gains after report shows US crude, gasoline stock decline |