Reuters | US crude settles down 9 cents, but closes the week up 1% CNBC Prices were little changed after Baker Hughes reported U.S. drillers added four oil rigs in the last week, marking the 15th increase in 16 weeks. The total number of oil rigs operating in U.S. fields stood at 432, compared with 595 at this time last year. Oil slips below $52 as abundant supplies weigh Oil Prices Mostly Flat Amid Large Global Inventories Oil Price Closing in on Fourth Straight Weekly Gain, Gold Price Stable at $1250/oz. |