Financial Times | Oil: some crude numbers - FT.com Financial Times Having stabilised during the spring, crude oil is experiencing a summer swoon. The Brent oil benchmark has dropped to the mid-$50s a barrel after averaging about $65/bbl during Q2, while West Texas Intermediate is barely holding $50/bbl, about $10/bbl ... Oil steady as U.S. cuts drill rigs, Saudi crude exports fall Oil drops on concerns of glut in refined products | Reuters Oil Prices Fall on Stronger Dollar - WSJ |