Bloomberg | Oil Jumps as Surprise US Supply Drop Dispels Shale Boom Fears Bloomberg Oil popped to its highest in two weeks as American supplies unexpectedly shrank and exports surged, dispelling fears that a new shale boom will leave the country awash in crude. Futures advanced as much as 1.9 percent in New York after a government ... Oil Prices Surge on Bullish US Supply Data Oil demand 'fairly strong' for 2018, says Vitol Oil drops toward $60 on dollar strength and US supply concerns |