CNBC | US oil settles at $42.53 a barrel, down 2.25%, after hitting 10-month low CNBC Oil prices fell about 3 percent to a 10-month low in heavy trading on Wednesday, as nagging fears about the global crude glut fed a sell-off that was interrupted only briefly after news of a larger-than-expected drop in U.S. inventories. U.S. crude ... Oil drops to 10-mth low; biggest first-half slide in 20 years |