Wall Street Journal | Oil Prices Fall to Multi-Month Lows as US Rig Count Rises Wall Street Journal Oil prices fell to new multi-month lows Friday as data showed U.S. producers put more drilling rigs to work despite a lingering world-wide glut. Many analysts and investors have warned for months that crude production could keep rising even amid ... Low oil prices are lasting a lot longer than petro-rulers thought they would Oil price collapse hammers big US energy groups US oil settles down $1.40, or 2.89%, at $47.12 a barrel |