Oil up on reports of Yemen missiles hitting Saudi oil facilities
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NEW YORK Oil prices were largely unchanged on Friday in a volatile session, as traders reacted to comments from Fed Chair Janet Yellen and reports of missile activity in Saudi Arabia.
Prices gathered support briefly from Baker Hughes data showing that U.S. oil drillers kept rig count steady after eight weeks of additions.
Oil prices were down over 2 percent for the week as the Saudi energy minister watered down expectations that the world's largest producers might agree next month to limit their output.
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US is moving over to fuel efficient vehicles rapidly.
US is producing and exporting quite a lot of oil these days . http://goo.gl/y8N4BF
MRW when I see Middle East trying to make US panic with the price of gas.
The elite new a war or some other major event to blame the collapse on.