Washington Times | Oil hits new five-year low below $56 as supply glut persists Reuters Africa New York Jan 2 (Reuters) - Brent crude reversed early gains Friday to fall to a fresh post-2009 low below $56 a barrel, as a glut of oil that has halved prices since June overshadowed investor positioning at the start of the year for a possible ... Euro and oil resume fall, stocks slip after weak data Oil hits new post-2009 low below $56 |