Op-Ed: Here's how to trade oil above (and below) the $45 mark CNBC Oil prices dropped 36 percent during the fourth quarter of 2015 and the first quarter of 2016, only to rebound back to roughly $53 just six months later. More recently, oil dropped 23 percent only to rebound back to nearly $50 again. With all the up ... U.S. Futures Rebound Alongside Oil Prices |