Financial Times | Oil: the market finds that the Sheikh has no clothes Financial Times Oil prices have fallen over the last week by more than 10 per cent and, with both Brent crude and the US WTI benchmark below $50 a barrel, the price stands at its lowest level in six months. Why? The straightforward answer is that the market has lost ... US Oil Production Is Tipped To Hit Record Levels And That'll Add To OPEC's Quandary Could Oil Drop To $42? Hedge Funds Bail Just Before OPEC-Driven Oil Rally Evaporates |