CNBC | Crude Oil Bears Betting on Supply Glut Miss Market Rally: Energy Bloomberg Pumping jacks stand near an Anadarko Petroleum Corp. oil rig site in Fort Lupton, Colorado. U.S. oil explorers idled rigs for the 10th straight week to extend an unprecedented retreat in drilling. Photographer: Jamie Schwaberow/Bloomberg ... Oil turns lower as glut overshadows Japan's return to growth Oil extends gains, Brent hits 8-week high Oil, shale and Sechin at International Petroleum Week |