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Home>Oil Prices Fall on Strong U.S. Shale Supply -- 2nd Update

Oil Prices Fall on Strong U.S. Shale Supply -- 2nd Update

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Fri, 3 Jul 2015

By Georgi Kantchev LONDON--Oil prices slid on Friday on concerns over the resilient U.S. crude production and a deal between Iran and the West that could unlock millions of barrels of crude on to the oversupplied world market. The number of U.S. oil-drilling rigs rose by 12 to 640 in the past week,
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