Wall Street Journal | US Oil Prices Dip Below $30 a Barrel, First Time Since '03 Wall Street Journal The benchmark U.S. oil contract has dropped from $40 a barrel to $30 in just one month, and the pace of the selloff has rattled stock, bond and currency markets from Moscow to Riyadh to New York. Oil is down more than 70% since last trading in the ... Oil resumes slide toward $30 as bounce fades |