Wall Street Journal | China's Decline in Oil Production Echoes Globally Wall Street Journal BEIJING—China's struggling oil sector has entered a challenging new phase: long-term decline of its domestic production. Oil production in China likely peaked last year at around 4.3 million barrels a day, according to new data and interviews with ... US crude settles 2.77 pct lower at $46.77 amid EIA report of inventory build Oil prices waver as disappointing US inventory data fuel oversupply concerns Forget The Pullbacks – Oil To See Strong Rebound In 2017 |