Reuters | Oil prices slip under shadow of US drilling Reuters.com The number of rigs drilling for new oil output in the United States rose by two in the week to Dec. 8, to 751, the highest level since September, General Electric Co's Baker Hughes energy services firm said on Friday. RIG-OL-USA-BHI. “The largest ... Oil prices drop on increased US drilling activity Oil prices stable as OPEC cuts countered by rising US drilling UAE, Kuwait Target June for Talks on Phasing Out Oil Cuts |