CNBC | US oil falls below $60 as US bear market deepens CNBC Both Brent and WTI have declined by around 20 percent since seeing four-year highs in early October. Front-month Brent crude oil futures fell below $70 a barrel for the first time since early April, down more than 18 percent since reaching four-year ... US Oil Enters Bear Market on Rising Inventories, Worries of Oversupply Crude Oil Dips Below $70 Per Barrel Mark For First Time Since April OPEC Fears Another Downturn In Oil |