Saudi Arabia signals it’s open to discuss stabilizing markets U.S. drillers added oil rigs for a seventh week: Baker Hughes Oil extended its advance above $44 a barrel after posting the biggest weekly increase since April. Futures rose as much as 0.6 percent in New York after climbing 6.4 percent last week as Saudi Arabia signaled it’s prepared to discuss stabilizing markets at informal OPEC discussions next month. Venezuela’s oil and foreign ministers will visit producer countries to lobby for price increases ahead of the talks, President Nicolas Maduro said. U.S. producers added rigs for a seventh week, the longest run since 2014, according Baker Hughes Inc. data on Friday. Oil has rebounded more than 10 percent since closing below $40 a barrel and tumbling into a bear market earlier this month. Saudi Arabia’s Energy Minister Khalid Al-Falih said in a statement last week that talks with Organization of […]