Bloomberg | Oil Slips After Biggest Jump in a Month Amid Supply Increases Bloomberg Russia's oil production reached 11.22 million barrels a day this month as the caps imposed in a pact with OPEC eased, Interfax reported, while data from Kazakhstan's government showed that its output recovered. Meanwhile, President Trump said he's open ... US crude rises 2.1%, settling at $70.13, boosted by signs of tight oil supply Oil prices drop on oversupply concerns as OPEC output increases in July Oil loses its footing after report shows Opec production hit a 2018 high in July |