Oil prices continued to slide Monday amid receding hopes that major producers will reach a production freeze deal and signs that the global glut of crude isn’t shrinking. U.S. crude for October delivery fell 58 cents, or 1.26%, to $45.30 a barrel on the New York Mercantile Exchange. Brent, the global crude benchmark, was down 51 cents, or 1.06%, at $47.50 a barrel for November delivery on ICE Futures Europe. In a report...

Source: Wall Street Journal September 12, 2016 10:18 UTC