Oil falls back into the red in volatile session

Oil falls back into the red in volatile session

A worker prepares to lift drills by pulley to the main floor of a drilling rig in the Permian basin.

Brittany Sowacke | Bloomberg | Getty Images

Oil prices slid more than 15% during overnight trading, extending Monday’s nearly 25% decline on ongoing fears that storage around the world is rapidly filling.

West Texas Intermediate, the U.S. benchmark, slid 15.3%, or $1.96, to trade at…

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