Reuters | Oil falls as investors cut bullish bets on worries over US output Reuters Oil futures have retreated in the past two weeks as a supply overhang driven by rising production from the United States overshadows a deal by OPEC and other producers to reduce output. The persistent glut prompted hedge funds and other money ... Oil Drops as US Drilling Growth Threatens to Counter OPEC Cuts $40 oil? No problem as US drillers snub OPEC with hedges Oil Falls on Growing US Drilling Activity |