CNBC | Speculators got crushed while oil industry may have learned lesson and is more cautious on prices CNBC The sharp drop in oil prices Wednesday may have crushed some speculative traders but did not come as a big surprise to some oil industry executives who have been planning for price volatility. The crushing 5 percent decline came a day after OPEC and ... Oil plunges as global glut seen persisting Oil prices slide by their most in more than a year EIA's Changing Oil, Natural Gas Projections For 2017, 2018 |