Reuters.com | Brent crude stabilizes near $50 a barrel Reuters But sentiment began to shift towards the end of June, when data showed a dip in U.S. oil output and a slight fall in drilling for new production. RIG-OL-USA-BHI C-OUT-T-EIA. "The fact that prices have not come under any noticeable pressure of late ... Oil rises more than 2 percent as US crude output slows Oil And Natural Gas Demand Set Records While Coal Slumps Oil eases on US holiday after 8 days of gains |