CNBC | Oil prices sink as US shale output surges, stock market drops and Trump fires Tillerson CNBC "The average monthly increase (in shale output) in the eight months since September is 155,000 bpd. This would see shale oil production soar by 1.5 million bpd within a year enough to cover the total increase in global oil demand," Commerzbank said in ... Oil Prices Fall Amid Growing US Output Oil rescued from price lows by Libyan supply disruption Oil jumps after Trump fires Tillerson, putting Iran in focus |