CNBC | Oil tumbles 4 percent, stockpile worry cuts short rally CNBC Global oil prices fell 4 percent on Monday on concerns a six-week market recovery has gone beyond fundamentals, as U.S. crude stockpiles continue to mount and Iran maintains little interest in a global production freeze. Market intelligence firm ... Oil tumbles up to 4 percent, stockpile worry cuts short rally Oil retreats on weak Chinese data, Iran rejection of output freeze So, oil's price swoon is over? Don't believe it |