CNBC | Oil prices drop as focus shifts to oversupply CNBC Oil prices fell on Friday and were heading for a third weekly loss, pulled down as Saudi Arabia's OPEC governor said the market may become oversupplied soon and after a slump in global equities clouded the outlook for demand. Brent crude futures were ... Oil prices fall as focus switches to oversupply Oil market's calm masks signs of stormy trading ahead Saudi Arabia's might as an oil producer is being tested |