Wall Street Journal | US, Global Oil Prices Reach Parity Wall Street Journal U.S. oil surpassed prices on the global market Tuesday for the first time in four years, another sign that a supply glut that originated in the U.S. is firmly entrenched world-wide. But some analysts said parity between U.S. and global oil benchmarks ... What's Driving the Plunge in Oil Prices Oil benchmarks converge as low price stalls US output Energy expert: Oil's hit a bottom and here's why |