US oil retreats on soaring production

US crude ended the week 4.1% higher, and Brent was up 1.9%

Oil price: Brent crude futures settled down 7 cents at $67.16 a barrel, below their 2019 peak of $68.14 reached on Thursday — Oil price: Brent crude futures settled down 7 cents at $67.16 a barrel, below their 2019 peak of $68.14 reached on ThursdayPhoto: REUTERS/SCANPIX

Reuters

Published 15 March 2019, 22:48Updated 15 March 2019, 22:48

Production USA International Energy Agency Opec Americas