Reuters | Oil slides as rising OPEC output outweighs US decline Reuters Drilling activity for new oil production in the United States fell for the first time since January, dropping by two rigs, while U.S. government data showed crude output fell in April for the first time this year. "Sentiment has turned and I think we ... Oil Trades Near Three-Week High After US Drilling Slows Oil Monthly Forecast – July 2017 All eyes on July for US oil demand to drain the glut |