Oil prices remain under pressure and look set to extend their losing streak into a 13th day. Prices dropped as much as 7% on Tuesday after US President Trump again pushed back against Saudi Arabia's plans to increase production. Analysts fear that the price per barrel of oil could fall below $50. You can track oil prices live at Markets Insider. Oil prices remain under the pump on Wednesday following the commodity's worst single day of trading in several months, as global fears surrounding demand worry investors. By around 8.50 a.m. in London (3.50 a.m.