The Globe and Mail | US oil drillers cut rigs for 6th week on weak crude prices The Globe and Mail U.S. energy firms cut oil rigs for a sixth week in a row this week, the longest streak of weekly declines since June, data showed on Friday, a sign low prices continued to keep drillers away from the well pad. Drillers removed nine oil rigs in the week ... US Oil Prices Hover Around $50 a Barrel Oil prices rally on Mideast tensions Oil volatile after tapping $50, set for weekly gain |