Bloomberg | Oil Falls a Second Day as Surging OPEC Output Seen Swelling Glut Bloomberg Oil fell for a second day, trimming a weekly advance on concern rising output from OPEC's biggest members will swell a global glut. Saudi Arabia, Iraq and the United Arab Emirates each produced at a record in May, the International Energy Agency said ... Indonesia to rejoin OPEC after 7-year hiatus in move to forge closer ties with ... Indonesia to rejoin OPEC in move to secure oil supplies Oil supply to grow quicker than demand |