CNBC | US oil rig count rises for 13th week in 14, up 7 rigs to 425: Baker Hughes CNBC A persistent oil supply glut brought prices from mid-2014 highs above $100 a barrel to below $50 today, prompting the oil producers' group to find agreement on limiting output. Russia, not an OPEC member but a large producer currently pumping crude at ... Oil Wavers as Doubts Grow Over OPEC Deal Oil heads for big weekly gain after OPEC-fueled rally Oil futures look to a gain for the month, but down for the quarter |