CNBC | US oil settles up 46 cents, or 1.12 pct, at $41.60 a barrel CNBC Slower economic growth and high inventories in crude and refined oil products have pressured Brent and U.S. West Texas Intermediate (WTI) crude futures some 20 percent lower from their 2016 highs, technically placing both in bear market territory. The ... Oil Rebounds After Touching Bear Territory Oil futures poised for third monthly loss of the year Oil in bear market territory: 5 things to watch |