Houston Chronicle (subscription) | Oil prices slide as worries about global supply glut mount Mainichi Daily News (AP) -- The slump in oil prices deepened Monday, pulling down the price of U.S. crude to the lowest level in more than four months. The move came as traders braced for softer demand amid an increase in the number of active rigs and signs of weakness in ... More layoffs, defaults expected as oil slides US crude oil slides to lowest price in 4 months |