Oil fell for the first time in three days after U.S. drillers added the most rigs in more than three years, making it difficult for OPEC to drain global oversupply. Futures fell 0.9 percent in New York. Companies in the U.S. put 29 more oil rigs to work in the week ended Jan. 20, the most since April 2013, data from Baker Hughes Inc. show. OPEC and other producers have cut oil supply by 1.5 million barrels a day, more than 80 percent of their collective target, since a deal to trim output took effect on Jan. 1, Saudi Arabia’s Minister of Energy and Industry Khalid Al-Falih said in Vienna. Oil has held above $50 a barrel since the Organization of Petroleum Exporting Countries and Russia agreed late last year to curb supply. Saudi Arabia, Kuwait, Qatar, Algeria and Venezuela met counterparts from non-OPEC nations Russia and Oman in […]