Oil falls as U.S. resumes Gulf of Mexico output, boosts shale supplies - Reuters

Oil falls as U.S. resumes Gulf of Mexico output, boosts shale supplies - Reuters:

Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as U.S. shale production is set to rise to a record.

Brent crude futures LCOc1 were down 4 cents at $66.44 a barrel by 00642 GMT. They fell 0.4% overnight.

U.S. West Texas Intermediate crude futures CLc1 dropped by 13 cents, or 0.2%, to $59.45 a barrel. The U.S. benchmark fell about 1% in the previous session.