Financial Times | Oil: some crude numbers 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 What Iran deal could mean for US ban on oil exports |