Bloomberg | Crude Oil Slips as Dollar Strengthens and Stock Markets Slump Bloomberg Oil production in the Latin American country sank to 1.505 million barrels a day last month, down 31 percent from April 2017, according to data supplied by the country to OPEC. West Texas Intermediate for June delivery fell 20 cents to $70.76 a barrel ... To prevent oil spiking to $100 over Iran, Saudi Arabia and Russia might have to step in Investors see big oil surge, but physical markets suggest caution Signs of tight supply drive oil towards $80 |