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Oil Prices Recover Some Losses After Omicron Drove Demand Fears U.S. crude prices finished the week above Thursday lows, while Brent crude, the global benchmark, rose 0.3% to $69.88 Friday. ... | December 6, 2021
Baker Hughes' (BKR) data show that the count of oil and gas rigs in the United States has increased for two consecutive weeks.
Provided by Dow Jones Oil prices decline, with U.S. prices losing more than 3% for the week Oil futures end lower on Friday, with concerns about growing supply and weakening appetite for energy, as global cases of COVID rise abroad, prompting prices to post a loss for the week. U.S. Oil-Rig Count Flat in Latest Week, Baker Hughes Says The number of rigs drilling for oil in the U.S. was flat in the latest week at 337, according to oil-field services company Baker Hughes. Iran Releases South Korean Oil Tanker Seized Over Frozen Funds Banks in South Korea blocked se...