Bloomberg | Oil's Stint Above $50 Ends Bloomberg A refinery stands in the background as a pump jack operates in an oil field near Corpus Christi, Texas, U.S., on Thursday, Jan. 7, 2016. Crude oil slid Thursday to the lowest level since December 2003 as turbulence in China, the worlds biggest energy ... Oil down 3 percent, set to end five-week rally as oversupply fears resurface Oil down 2%, breaks five-week rally as oversupply fears resurface US oil exports will keep booming after hitting record, analysts say |