CNBC | oil dips as high US stocks underline global oversupply CNBC An employee of Indonesian oil company Pertamina walks on oil drums at the oil storage depot in Jakarta. Crude oil dipped in early Asian trade on Thursday after a volatile session the previous day, when prices rebounded sharply from near-six-year lows ... Oil prices retreat again, Brent dips below US crude futures Cheap Oil Good News for Consumers, Mixed Bag for U.S. Industry Oil Seen Shifting to $50 Ceiling After Plunge: Chart of the Day |