Oil Slips Below $67 as Shale Worries Linger and Syria Fear Eases - Bloomberg

Oil Slips Below $67 as Shale Worries Linger and Syria Fear Eases - Bloomberg:

"Oil slid below $67 a barrel as concerns over surging U.S. output reemerged while fears of a Middle East supply crunch waned on speculation that the fallout from a missile strike in Syria may be contained. Futures slipped as much as 1.1 percent in New York after the number of rigs drilling for crude in the U.S. rose to a three-year high, signaling production may rise from record levels. President Donald Trump declared “mission accomplished” a day after the U.S., France and the U.K. launched military strikes in response to Syrian leader Bashar al-Assad’s suspected chemical attack on civilians, and British Foreign Secretary Boris Johnson insisted that the hit was a one-time move."



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