CNBC | Oil struggles to find footing after 7 percent slide as outlook darkens CNBC Oil struggled to find its footing on Wednesday after plunging 7 percent the previous session, with surging supply and the specter of faltering demand scaring off investors. U.S. West Texas Intermediate (WTI) crude oil futures were at $55.52 per barrel ... Oil extends 7 percent slide as outlook darkens Oil price drops amid fears over demand Oil nosedives 7%, its biggest plunge in three years |