Bloomberg | Oil Falls as U.S. Drillers Boost Rigs and Libya Expands Output Bloomberg Oil declined as rigs targeting crude in the U.S. rose for a fifteenth week and output from Libya rebounded. Futures in New York lost as much as 0.5 percent after gaining 0.7 percent Friday. The number of oil rigs operating in U.S. fields advanced to ... Oil prices inch down on China economy worries, but OPEC cuts support Oil starts the week lower amid increased U.S. drilling Everything hinges on an oil deal extension |