A worker pours freshly drilled oil into a barrel at an oil field in Minhla, Bago Region, Myanmar (Photographer: Taylor Weidman/Bloomberg)
Oil Sputters as Economic Woes Outweigh U.S. Drilling Slowdown
(Bloomberg) -- Oil lost ground Friday after unnerving economic reports from China and the U.S., although the decline was moderated by the latest report of declining activity in America’s oil patches.