Wall Street Journal | U.S. Oil Prices Recover From Intraday Fall as Number of Drilling Rigs Declines ... Wall Street Journal The number of rigs drilling for oil in the U.S. fell by seven this week, according to oil-field-services company Baker Hughes Inc. The oil-rig count plummeted to multiyear lows earlier this year as companies cut spending in response to low oil prices ... Futures markets have much to say about oil's direction - FT.com Iran: Oil Exports After Sanctions | Stratfor US oil drifts amid glut worries | The Australian |