USA TODAY | US crude falls 6% toward $26 ahead of contract expiry CNBC U.S. oil prices crashed to below $27 dollars on Wednesday for the first time since 2003, caught in a broad slump across world financial markets with traders also fearful that the crude supply glut could last longer. U.S. benchmark West Texas ... Oil plunges further amid global glut Oil tumbles under $27 on February contract's expiration day IEA Sees Risk of World Drowning in Oil |