Growing instability in Venezuela, and the potential of a slowdown in U.S. shale has pushed oil prices up to multi-month highs this week.  Oil prices have surged to their highest level in months, with WTI rising above $58 per barrel and Brent trading north of $67. The instability in Venezuela and the growing evidence of a slowdown in U.S. shale have pushed prices up. U.S. production dips. Weekly figures show that U.S. oil production dipped to 12 mb/d last week, down from 12.1 mb/d the week before. The figures are just estimates, and are rounded off to the nearest 100,000 bpd, but they at least offer an indication that the explosive growth could be […]