Wall Street Journal | Oil Nearly Erases Gains After Rig Count Grows Wall Street Journal Oil prices fell back nearly to unchanged, erasing almost 1.7% in gains on the day, after the U.S. oil-rig count rose for the first time in seven months. U.S. oil producers added 12 rigs last week, breaking 29 straight weeks of cuts. They are responding ... Oil Rises as Data Cools Rate Hike Views |