Reuters | Oil in bear market as supply rises and demand growth slows Reuters Benchmark Brent crude oil LCOc1 fell to its lowest since early April, down more than 18 percent since reaching four-year highs at the beginning of October. Brent was 15 cents a barrel lower at $70.50 by 0925 GMT, down more than 3 percent for the week ... US oil enters bear market US-Iran oil sanction waivers: The knowns and unknowns Oil prices have fallen 20 percent in a month |