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Trump signs a UK-US tariff deal and departs the G7 early amid escalating Israel-Iran tensions, shifting focus to Middle East crises.

Vitol CEO sees slight drop in US oil output this year due to lower prices

Investing.comTuesday, June 17, 2025 at 3:56:04 AM
Vitol CEO sees slight drop in US oil output this year due to lower prices
The head of global energy trader Vitol predicts a small dip in U.S. oil production this year, blaming softer prices for making some drilling less profitable. While not a dramatic collapse, it signals that even the world's top oil producer isn't immune to market swings.
Editor’s Note: Oil prices dictate everything—from what you pay at the pump to geopolitical power shifts. If U.S. output slows, even slightly, it could tighten global supply just enough to nudge prices back up. Not earth-shattering, but a reminder of how delicate the energy balance really is.
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