Oil falls on rising US output

Record US output halts recent crude rally as prices drop

Falling prices: oil fell as US output hit a record 12 million bpd, offsetting Opec-led production cuts — Falling prices: oil fell as US output hit a record 12 million bpd, offsetting Opec-led production cutsPhoto: REUTERS/SCANPIX/

Reuters

Published 22 February 2019, 06:56Updated 22 February 2019, 06:56

North America USA Opec EIA Russia

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