Wall Street Journal | US Oil Declines Again as Traders Assess the End of Iran Sanctions Wall Street Journal U.S. oil prices declined again Tuesday, falling to new 12-year lows, on concerns about the lifting of sanctions on Iran that could increase its supply into a flooded market. The country has promised that will allow it to add 500,000 barrels of oil ... The world could 'drown' in oil IEA says oil market may 'drown in oversupply' in 2016 Oil market could drown in oversupply in 2016, says IEA |