Wall Street Journal | Oil Prices Rise as US Drilling Drops Wall Street Journal NEW YORK—Oil prices strengthened Friday as drilling in the U.S. declined and positive economic data boosted demand expectations. Prices have traded in a tight range this month amid uncertainty about how quickly the global glut of crude is set to shrink. Oil prices lift slightly in wake of Yellen speech Oil Prices Rise on Yellen Rate Comments, Supply-Side Factors |