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Judul : Oil up for 7th day but first-half drop biggest since 1998
link : Oil up for 7th day but first-half drop biggest since 1998

Oil up for 7th day but first-half drop biggest since 1998

NEW YORK (July 1): Oil climbed on Friday for a seventh straight session as a decrease in the U.S. rig count and stronger demand data from China lifted depressed prices that still finished the first half with the biggest decline for that period since 1998.

U.S. drillers decreased their number of rigs for the first time since January, according to energy services company Baker Hughes. The rig count had risen for the previous 23 weeks.

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