CNBC | Sorry, OPEC: US shale oil drillers aren't turning off the tap anytime soon CNBC U.S. oil production has surged back above 9 million barrels a day as OPEC's output cuts prop up crude prices. Saudi Arabia's energy minister said last week that growth may slow as costs rise in the U.S. oil patch and producers burn through prime acreage. Oil's Next Tug Of War Oil drops on fears of more US drilling after climate deal withdrawal Oil posts biggest weekly loss in a month as rebalancing drags |