Bloomberg | Oil Slips as US Shale Fears Untempered by Russian Reassurance Bloomberg As China seeks to establish a global oil benchmark at home, it wants to prevent a speculative bubble in its upcoming crude futures. Iraq's Basra oil output will reach 3.5 million barrels a day by the end of this year from current 3.15 million barrels a ... Are Oil Stocks Stagnating? Oil prices heading for new crash unless OPEC extends cuts: Rystad Oil slips a US shale fears untempered by Russian reassurance |