US drillers cut oil rigs.

US drillers cut oil rigs. Energy companies reduced the number of rigs drilling for oil in the United States, while shifting more rigs in favor of natural gas, due to weaker crude prices, data showed.Energy traders have been watching the rig data closely to see if oil drillers are cutting back on the number of oil rigs due to the crude price drop. Analysts, however, have said there was not yet enough evidence to call...