Barron's | Oil Prices Fall Below $60 On Renewed Shale Threat OilPrice.com The EIA published its latest Short-Term Energy Outlook, in which it drastically revised its forecast for U.S. oil production, predicting the country will hit 11 mb/d by the end of 2018, a year earlier than it previously thought. In fact, the latest ... Oil sees biggest one-week drop in 2 years Oil Falls Below $60 |