Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.
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MT Newswires on MSNOil Rig Count Rises; Crude Prices Headed for Third Straight Weekly DropThe number of oil rigs in the US increased by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 480 rigs from 479 last ...
Oil rose in early trade after the U.S. imposed sanctions on an international network facilitating the shipment of Iranian crude to China.
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