CNBC | US oil settles at $39.44, down 76 cents, or 1.89 pct CNBC Crude prices slipped on Friday after the U.S oil rig count rose the first time since December, renewing worries of a supply glut after an output freeze plan helped boost the market to 2016 highs and multi-week gains. U.S. energy firms this week added ... The Oil-Price Rally: Why Energy Stocks Won't Share the Spoils Equally Oil slips from 2016 highs as US rig count rises Can the oil price recovery be maintained? |