CNBC | Higher output pushes oil lower on supply glut fears CNBC Daily supply of North Sea Brent crude oil, which contributes to the futures benchmark, will rise in June to its highest in four months, up 17 percent from May, according to monthly loading programs provided by trading sources. "There are enough supply ... Oil Prices Slide on Increased OPEC Output Why Iran's Shale Oil Discovery Won't Add To The Glut The World's Great Oil Producers Are Watching the Power They've Held for Decades Suddenly Fade Away |