Oil rises on IEA's U.S. shale outlook and rig data

By Karolin Schaps LONDON (Reuters) - Oil rose after the world's oil consumer body said on Monday it expected U.S. shale production to fall this year and next, potentially easing a glut that has driven prices to their lowest in more than a decade. International benchmark Brent crude futures were up $1.05, or 3.2 percent, at $34.06 a barrel at 1134 GMT, while U.S. crude futures broke through the $30-a-barrel mark, trading up $1.01, or 3.4 percent, at $30.65 a barrel. The International Energy Agenc