Reuters UK | Oil rally holds, promising second weekly gain Reuters UK But further declines in the U.S. oil-rig count, concerns over dented output from Libya, a key Mediterranean oil producer, and the anticipation of stronger U.S. jobs data boosted prices. The average number of U.S. rigs drilling for oil fell by 199 in ... Oil Prices Rise, Capping Volatile Week Oil is up 10% this week alone in markets that haven't been this crazy in 6 years Why Oil Won't Go Below $40 |