CNBC | US oil settles at $33.16 a barrel, down 10% for the week CNBC U.S. oil prices settled lower on Friday, after global oversupply and a bleak demand outlook made it hard to guess the market's bottom. Over the past four days, futures of global benchmark Brent and U.S. West Texas Intermediate (WTI) crude slid sharply ... The Last Time Oil Was This Cheap, It Was Expensive Oil slide spurs fear of further price plunge Oil Markets In 2016: 1986 Or 1998? |