CNBC | US oil settles up 1.9%, at $47.26 a barrel CNBC U.S. crude oil prices closed higher on Friday after oilfield services firm Baker Hughes released weekly data showing the U.S. oil rig count fell for a seventh consecutive week. The number of rigs in the nation's oilfields fell by 10 to a total of 595 ... US oil drillers cut rigs for 7th week -Baker Hughes US Oil-Rig Count Drops by 10 in Latest Week Oil rig count tumbles for 7th straight week |