NDTV | Oil Gains a Second Day as U.S. Drilling Slumps to Five-Year Low Bloomberg Oil rose for a second day in New York after the number of drilling rigs used in the U.S. slumped to a five-year low, signaling that output may slow and pare a global glut. West Texas Intermediate futures climbed as much as 1.5 percent, adding to Friday ... Oil Extends Gains in Asia US Crude-Oil Stocks Likely to Increase Over Next Two Months Oil Falls 1% as Demand Doubts Rise |