CNBC | US crude falls into bear market as growing oil output points to oversupply CNBC Oil lingered near multi-month lows on Thursday, even as record Chinese crude imports soothed some concern that demand in the world's largest commodity buyer may be flagging just as global supply is rising. Record U.S. crude production and signals from ... Oil Falls on Rising US Inventories, Worries of Oversupply Oil set for longest losing run since 2014 as supply fears ease Oil to hit $100 if supply crunch worsens |