Bloomberg | Oil Drops Most in 3 Years as Investors Flee Darkening Outlook Bloomberg In June, Saudi Arabia persuaded fellow oil producers to end 18 months of production cuts and pump more crude in response to falling output in Venezuela and Iran. OPEC leaders made clear Trump's social media posts were the impetus for the production ... US oil prices sink 7% to lowest settlement of the year as Brent enters bear market Oil hit with longest losing streak on record Oil down 2 percent after Trump urges OPEC not to cut supply |