US Oil-Rig Count FallsWall Street JournalOil prices spiked earlier this month after Baker Hughes reported that the U.S. oil rig count had dropped to a two-year low of 1,223. This week, the number nearly dropped below 1,000. Oil rigs were last below 1,000 i …

Business InsiderOil heads for seventh weekly loss as supply glut dragsIrish TimesOil prices were heading for a seventh weekly loss on Friday, with key producers showing no signs of cutting output in the face of a global supply glut. Brent and US crude futu …