Wall Street Journal | Oil turns higher as traders weigh supply rise, output decline MarketWatch In a separate report issued Wednesday, the EIA said U.S. oil production fell to a nearly one-year low in August and was likely to keep falling well into 2016. But the government agency also lowered its 2015 and 2016 price estimates for WTI and Brent crude. Oil Prices Fall in Face of Lower US Output Oil falls as supply glut, demand worries offset equities gains Oil prices fall as Asia's leading economies slow further |