@...@While crude seemed to find early support from OPEC*s monthly bulletin, which forecast U//S// oil output will drop in 2016 for the first time in eight years, the focus soon shifted back to OPEC output, which rose 109,000 barrels a day in September to 31//©57 million barrels a day//
@...@Given a weaker tone in the U//S// stock market and thin trading due to the Columbus Day holiday and futures were ripe for a modest setback, said Phil Flynn, senior market analyst at Price Futures Group in Chicago//
Flynn contends the market is likely putting in a bottom, as U//S//© production falls and producers slash capital spending// But he warned that bottoms **can be messy,** with more volatility likely ahead//