The Australian Financial Review | Oil lower, US crude output seen at record high in 2018 The Australian Financial Review Oil prices fell, rattled by concern over slowing demand, a rising US dollar and increasing US crude output that has shaken investors' faith in the ability of OPEC to rebalance the market. Brent futures lost 61 cents, or 1.2 per cent, to settle at $US48 ... Oil falls as concern grows over battle of OPEC vs US shale OPEC got a dose of bad news from EIA's outlook on oil production, prices As American Oil Booms Anew, Saudi Chief Promises 'Whatever It Takes' To Rebalance Market |