TIME | Why Oil's Recent Drop Indicates Strength, Not Weakness TIME Everything, so they say, is relative. Over the last two weeks, as WTI crude oil prices have turned tail and once again dived back below $50/Barrel, there has been much talk of an extension of the collapse, with oil moving even lower. When the most ... Oil plunges on bloated US supply, dollar Oil is back in the doldrums as the IEA warns of glut Oil set for weekly loss of more than 9% |