Financial Times | Oil suffers worst week since March Financial Times Ahead of the Independence Day holiday, its US counterpart Nymex August WTI dropped 6.8 per cent to $56.59 a barrel. Both benchmarks reported their biggest drops since the week ending March 13. Oil did not escape the market turmoil caused by Greece, ... Oil Prices Fall on Strong Shale Supply As rig counts rise, is $70 oil still on the cards? UPDATE 9-Oil slides in thin trade on rising US rig count |