Reuters | Oil falls on rise in US drilling, OPEC compliance caps losses Reuters U.S. oil drillers over the past month have added the most drilling rigs since 2012, bringing the total count to 591 rigs, the highest since October 2015, Baker Hughes said in its weekly report. This rise in U.S. drilling activity is a growing source of ... Oil demand set to outperform 10-year average in 2017: OPEC Saudi Arabia Tells OPEC It Cut Oil Output by Most in 8 Years Oil remains lower after OPEC confirms large output drop |