Oil prices fall on rise in U.S. drilling, strong dollar

17 October 2016, Singapore — Oil prices fell on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic growth that could erode fuel demand. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $50.20 per barrel at 0710 […] More »