MarketWatch | UPDATE 7-Oil slips lower amid debate on US shale oil recovery Reuters NEW YORK, May 11 (Reuters) - Oil edged lower on Monday on signs that a multi-week rally was encouraging a rejuvenation in already bloated U.S. shale supplies, even as the government expected less output in June from the fastest-growing fields. Did Low Oil Prices Actually Hurt U.S. Economy? Oil holds under $60 as traders weigh China demand China Has Become the World's Biggest Crude Oil Importer for the First Time |