Wall Street Journal | US crude settles 1% lower at $48.01, down for 5th straight day CNBC "In short, this data will do little to move the needle in either direction for oil prices and the energy market will continue to get its cue from macro-economic environment and global equity markets," Jarvis said. Oil prices have declined for the four ... Oil Prices Lower on Oversupply Concerns Oil down again but pares losses after US crude drawdown Oil pares losses as US crude supplies fall |