
The US oil rig count, an early indicator of future output, rose five to 557 this week, the highest since April 2020. Reuters
The US oil rig count, an early indicator of future output, rose five to 557 this week, the highest since April 2020. Reuters
Oil closes up 1.5% and posts second straight weekly increase on supply concerns
Signs of a weakening global economy are feeding demand concerns, limiting oil price gains