MarketWatch | Oil slides further, on pace to end week down 10% MarketWatch But that small boost evaporated as there has been “no change in bearish market dynamics,” said Jim Ritterbusch, an oil analyst with Ritterbusch and Associates. Oil markets remain oversupplied and global demand is still seen as weak, he said. Adding to ... Oil hits April 2009 low, then pares loss on US oil rig data Oil Continues Downward Trend Oil Tumbles to Seventh Straight Weekly Loss |