New US oil data shows lower 2015 production

01 September 2015, News Wires – The US oil industry pumped less crude than initially estimated this year, according to new government data that offered the clearest look yet at the impact of drillers’ retrenchment in response to collapsing prices. The downward supply revisions were “unambiguously” bullish for a global market awash with oil, said […] More »