CNBC | Oil prices rise as US drilling declines CNBC U.S. drillers have cut the rigs in operation three straight weeks as cheap oil is causing them to hold up production plans, triggering an increase in prices on Monday. U.S. West Texas Intermediate (WTI) crude futures were trading at $45.31 per barrel ... Crude oil prices rise as US drilling is reduced Oil Prices Edge Higher As US Rig Count Falls Oil up in Asia, but oversupply, weak demand weigh |