Reuters | Oil down on concerns rising US production could dampen output cut deal Reuters Last week, U.S. energy companies added oil rigs for a 10th week in a row to 529, Baker Hughes data showed, extending a recovery in activity into an eighth month. Analysts at Barclays said they expected the U.S. rig count to rise to 850-875 by the end ... Oil Falls as OPEC Output Curbs Offset by Growth in U.S. Drilling Oil prices start the week lower after jump in US rig count Russia: Few economic burdens with oil above $40 |