By Henning Gloystein SINGAPORE (Reuters) - Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East dominated producer club OPEC to withhold supply and tighten global markets. U.S. West Texas Intermediate (WTI) crude oil futures were at $56.85 per barrel at 0010 GMT, down 11 cents, or 0.2 percent, from their last settlement
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Friday, 22 February 2019
Oil prices dip as U.S. crude output hits record 12 million barrels per day
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