Reuters | Oil tumbles 3 percent but global stocks hold ground Reuters Crude oil prices fell 3 percent as Iraq announced record-high oil production feeding into a heavily over supplied market, wiping out much of the gains made in one of the biggest-ever daily rallies last Friday. [O/R]. That tumble briefly weighed on ... Oil, Stocks Dance the Bear-Market Tango Crude falls more than 2% on swelling oversupply European stocks steadier as oil holds $30 |