Yahoo Finance | Oil dips on increased US drilling activity, uncertainty over OPEC cuts Yahoo Finance SINGAPORE (Reuters) - Oil prices fell on Monday as last week's rise in the U.S. rig count pointed to a further increase in American production that could undermine OPEC-led efforts to tighten markets. A statement by Kuwait's oil minister that OPEC and ... Oil prices drop on increased US drilling activity Kuwait Says Global Oil Cuts Can Halt If Market Balances by June ... Oil Futures Ease Amid After End-of-Week Jump |