Oil prices fall 1% after U.S increases rig count by 10

OpeOluwani Akintayo 28 January 2019, Sweetcrude, Lagos — Oil prices fell by one percent on Monday after the United States increased its oil and gas rig count by 10 last week. The increase sent a signal of an impending glut in the market, crashing international Brent crude oil futures to $60.74 a barrel at 0804 … More »