Wall Street Journal | This Week In Energy: Top 4 Reasons Oil Prices Are Heading Back Down OilPrice.com Baker Hughes reported that an additional 12 oil rigs came into service for the week ending on July 2, although natural gas rigs declined by 9, for a net gain of 3 rigs. The data is evidence of ongoing efficiency gains and resilience on behalf of shale ... Oil Prices Fall on Strong Shale Supply UPDATE 9-Oil slides in thin trade on rising US rig count Oil suffers 4.5% weekly drop on supplies, oil-rig count |