Investor's Business Daily | Oil Prices Hold Key Level Even As Rig Data Offer 'Arguments To Sell' Investor's Business Daily But U.S. oil futures closed up 0.5% to $50.60 a barrel on Friday. Crude rose 5.5% for the week, helped by protests at Libyan oilfields sending output to a six-month low while U.S. oil inventories rose less than expected. Still, prices fell more than 6 ... US oil-rig count rises for 11th straight week, Baker Hughes says U.S. Shale Ignores OPEC's Warning: Oil Rig Count Soars By 21 Oil futures up slightly after another rise in US rig count |