Wall Street Journal | US Oil Posts Biggest One-Day Percentage Loss Since September Wall Street Journal The selloff in oil prices accelerated Wednesday, intensifying a slide in global financial markets as investors worried that oil's relentless downdraft signaled global economic gloom. The front-month U.S. oil contract settled down 6.7%, posting the ... Oil plumbs new lows below $27 in unrelenting rout Oil in unrelenting rout, plumbs new lows under $27 Futures trim losses after data; oil sinks below $28 |