US shale oil production in April seen up 69,000 barrels per day – EIA | Forexlive
Oil is having a tough day today as the crude market frets about slower global growth due to a banking crisis. WTI crude is down $2.00 to $74.69.
It’s interesting though that copper is up 0.5% and normally it’s more exposed to global growth. That might highlight less-favorable market psychology in crude.