Gains for Oil Bears Lurking as U.S. Production Growth Could Slide
January 16, 2020 at 10:56 AM EST
Gains were fleeting for oil bulls following the U.S. airstrike in Iraq that killed an Iranian general, which saw prices skyrocket before subsequently falling as tensions began to subside. Putting further pressure on oil prices is output growth slowing in the U.S. due to less drilling rigs. “U.S....