Bloomberg | Oil dips as Wall Street dives; tensions over Iran support crude Reuters Consequently, U.S. crude oil production C-OUT-T-EIA has risen more than a fifth since mid-2016, to 10.38 million barrels per day (bpd), pushing the United States past top exporter Saudi Arabia. Oil did get some price some support from geopolitical ... As Saudi Prince Visits US, Shale Transforms Oil Relationship Oil prices head lower, but Saudi-Iran tensions keep a floor in market Oil prices slip, but Saudi-Iran tensions limit losses |