Houston Chronicle (subscription) | Oil futures suffer a more than 5% weekly drop MarketWatch “Crude oil is struggling for any upside gain and experienced another depraved week as the inventory data released this week reminded us once again about the extra oil glut on the market,” said Naeem Aslam, chief market analyst at AvaTrade. Early Friday ... Rig count jumps even as oil slumps - Houston Chronicle Poor Chinese factory data weighs on oil prices - Channel NewsAsia UPDATE 9-Oil falls to lowest close since March, down a fourth week | Reuters |