UPDATE 1-U.S. 2017 crude oil output to fall by 480,000 bpd -EIA
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NEW YORK, March 8 (Reuters) - The U.S. government said on Tuesday that U.S. crude oil production next year is forecast to fall by more than double what it predicted just a month ago, the latest sign that a 19-month price rout is taking a deeper toll on drillers.