CNBC | US oil rig count rises by 6 to 357; 6th increase in 7 weeks: Baker Hughes CNBC Oil prices were on track for a second consecutive weekly gain on Friday after data from top energy consumers the United States and China boosted the oil demand outlook. Traders and investors were also on the look out for a weekly reading due at 1:00 p ... Oil edges up as upbeat economic data lift demand prospects Oil Prices Tick Higher on Demand Expectations Oil falls amid warnings of retreat to US$40 on weaker demand |