Oil held below $69 as rising U.S. drilling counters OPEC curbs

Precision Drilling oil rig operators install a bit guide on the floor of a Royal Dutch Shell Plc oil rig near Mentone, Texas, U.S. Photographer: Matthew Busch/Bloomberg
Precision Drilling oil rig operators install a bit guide on the floor of a Royal Dutch Shell Plc oil rig near Mentone, Texas, U.S. Photographer: Matthew Busch/Bloomberg