Oil Prices Fall After U.S. Rig Count Rises - News Summed Up

Oil Prices Fall After U.S. Rig Count Rises


Crude prices fell Monday, weighed down by an increase in the number of rigs drilling for oil in the U.S. and a stronger dollar. Light, sweet crude for March delivery declined 86 cents, or 1.3%, to $65.28 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell $1.06, or 1.5%, to $69.46 a barrel. The U.S. oil-rig count...


Source: Wall Street Journal January 29, 2018 10:52 UTC



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