Reuters | Oil prices fall as OPEC output, US crude stockpiles rise Reuters Brent crude oil LCOc1 was down 36 cents a barrel at $48.36 by 0941 GMT. U.S. crude CLc1 was 45 cents lower at $46.01. Crude prices have fallen more than 10 percent since late May, pulled down by heavy global oversupply that has persisted despite a ... Here's why oil prices could drop to $30 a barrel again: Fesharaki Excess oil inventories to last until 2018 – IEA Oil prices under pressure as IEA warns of ongoing glut |