CNBC | Weekly US oil rig count rises by 12 to 510 rigs; first time above 500 since January CNBC Oil producers including Kuwait, Saudi Arabia, and Abu Dhabi, who are members of the Organization of the Petroleum Exporting Countries (OPEC), have notified customers that they would cut supplies from January as part of an effort by OPEC and other ... Oil up $1 a barrel on signs producers to comply with cuts Not Much Left in the Tank This Year for Oil Bulls The Oil Mystery Behind Saudi Arabia's Production Cut |