Reuters | Oil prices under pressure from rise in US drilling rigs Reuters 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, energy services firm Baker Hughes said on Friday. RIG-OL-USA-BHI. “The largest concern for investors ... UAE, Kuwait Target June for Talks on Phasing Out Oil Cuts Oil dips on increased US drilling activity, uncertainty over OPEC cuts Oil Prices Steady Amid Signs of Rising US Output |