U.S. Oil Output Surges to Highest Since 1986 on Shale

U.S. crude production climbed to the highest level in more than 28 years last week as the shale boom moved the country closer to energy independence.

U.S. Oil Futures Reach Two-Week High on Refinery Demand

West Texas Intermediate crude rose to the highest in almost three weeks as strong refinery demand reduced U.S. inventories.