CNBC | Oil prices drop more than 3%, ending bullish streak, on signs of rising OPEC exports CNBC Oil prices plunged more than 3 percent on Wednesday as more evidence indicated OPEC exports rose last month. This was despite the producer group reaching an agreement in May to extend its output cuts. WTI prices had risen nearly 11 percent from a ... Bear Market for Oil Caused by 'Fake News,' Says Raymond James Oil retreats after bull run, on rising OPEC exports, strong dollar US oil on track to post first fall in two weeks |