UPDATE 9-Oil prices drop, market less worried about Libya supply

... to pick itself up, it's just another wave of selling," said Gene McGillian, senior analyst at Tradition Energy in Stamford, Connecticut. He said the market's concerns about oversupply are not going away. Global benchmark Brent crude was down $1.55 ...

http://www.reuters.com/article/2014/12/29/markets-oil-idUSL3N0UD09X20141229?feedType=RSS&feedName=industrialsSector