Bloomberg | Oil at one-month high The Australian US crude production has climbed 10 per cent since mid-2016 to 9.3 million barrels per day as shale producers have taken advantage of higher prices to boost activity. Energy services firm Baker Hughes said US drillers added oil rigs for an 18th week in ... Saudi Arabia and Russia Are at Odds on Almost Everything, Except Oil Oil output cut set to soak excess by next year Saudi says extending oil cuts, adding small producers enough to drain stocks |