Oil Falls as Supply Glut Seen Shrinking Slower Than Expected

Updated on
  • U.S. will produce 8.3 million barrels a day in 2017: EIA
  • Crude inventories said to rise 2.09M barrels last week: API

Informal Talks: What Does OPEC Hope to Achieve?

Oil fell as U.S. production was seen stronger than expected through 2017.

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