U.S. Oil Drillers Add Rigs for Second Straight Week

Drillers put rigs in U.S. oil fields back to work for a second straight week, suggesting the end of an unprecedented retreat from the country’s prolific shale formations.

Brent Crude Falls to Two-Year Low After IEA Demand Cut

Brent crude fell to the lowest level in more than two years, narrowing its premium over West Texas Intermediate, after the International Energy Agency cut demand forecasts.