Bloomberg | U.S. Shale Oil Boom Grinds to a Halt as OPEC Keeps Pumping Bloomberg The shale oil boom that turned the U.S. into the world's largest fuel exporter and brought $3 gasoline back to America's pumps is grinding to a halt. Crude output from the prolific tight-rock formations such as North Dakota's Bakken and Texas's Eagle ... Oil ends under $59 on weak China imports UPDATE 10-Oil falls as China cuts crude imports; OPEC decision weighs Four Reasons Oil Could Fall to $40 a Barrel |