Wall Street Journal | US Oil Prices Enter Bear-Market Territory Wall Street Journal U.S. oil prices entered bear-market territory Monday, settling at $40.06 a barrel after dipping below $40, down 22% from the market's June high. Prices slid as lower Saudi Arabian prices and signs of strong supply join a deluge of oil and refined ... Oil Flirts With Bear Market As Short Positions Surge Most In 10 Years Time Saudi Arabia Cuts Oil Price to Asia as Iran Battle Heats Up Nigeria's oil faces threat as Saudi Arabia cut prices |