CNBC | US oil settles down 70 cents, at $33.27 a barrel CNBC U.S. oil lurched to new 12-year lows before paring losses slightly on Thursday, with some traders betting a rout triggered by fears over China demand and swelling U.S. stockpiles had run its course, for now. Global benchmark Brent crude fell as much as ... Oil rout extends Brent crude's 11-year low $30 Oil Just Got Closer as WTI Slides to 12-Year Low on China |