Oil Falls On Surging US Output, Set For Second Week Of Declines

Oil Falls On Surging US Output, Set For Second Week Of Declines

Friday, May 03, 2019
Analysts say US supply will rise further as its export infrastructure is improved.

Oil prices slipped on Friday, extending a steep fall from the previous session on surging US output and an expected supply increase from producer club OPEC and putting crude on track for a second week of declines.

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