Lock, stock and barrel: oil benchmark slims on US glut neutralising OPEC+ austerity

12.02.2019

Oil prices fell on February 11 as an uptick in U.S. drilling, a shutdown caused by a fire at a major U.S. refinery and concerns about U.S.-Chinese trade talks all overshadowed support from OPEC-led supply restraint.

Benchmark Brent oil was down 59 cents, or 0.95 percent, to $61.51 a barrel. U.S....