Reuters UK | Oil prices dip as demand stalls, but US supported by rig cut Reuters UK The U.S. oil rig count fell by 10 to 652 last week, the second straight weekly drop, while reserves at its main oil storage site in Cushing, Oklahoma, have fallen five of the past seven weeks, pushing U.S. physical crude into multi-year record premiums ... Oil Slips in Asian Trade, Fed Meeting in Focus This Week Oil prices fall as demand stalls Oil prices mixed in Asian trade |