Reuters | Oil loses ground as rising US output threatens to disrupt tightening market Reuters An overall mood of confidence in the oil market is being tempered by U.S. crude production C-OUT-T-EIA, which climbed to a fresh record of 10.4 million barrels per day (bpd) last week, putting the United States ahead of top exporter Saudi Arabia and ... Oil Prices Up As EIA Confirms Crude Draw A New Oil Price Environment? Oil is breaking out with biggest 2-day gain since November amid surprise drop in US crude stockpiles |