Wall Street Journal | Oil extends declines, with US benchmark dropping below the key $70 level MarketWatch Oil prices on Thursday looked set to extend their sharp losses from a day earlier, after a monthly report from the International Energy Agency hinted at a slowdown in crude demand and revealed an uptick in global supplies. Traders also looked to the ... Oil Rebounds as Investors Review Latest Supply News Oil retailer, aviation stocks spike 4-6% following sharp fall in crude prices US crude plunges 5% for its worst daily performance in over a year |