U.S. News & World Report | Plummeting Oil Prices to Pull Down US Production U.S. News & World Report Oil supplies in the U.S., Russia and other non-OPEC countries will fall to their lowest point in two decades in 2016, squeezed by historically low oil prices that have both undercut production and driven up consumer demand, the International Energy ... Oil prices slide as oversupply eyed Oil Price Slips as Market Focuses on Oversupply US oil settles up 4.0%, at $45.92 a barrel |