The top-10 remained unchanged from a week ago. Tiger Woods held on to the top spot and was followed by Vijay Singh, Retief Goosen, Ernie Els, Phil Mickelson, Sergio Garcia, Jim Furyk, Adam Scott, David Toms and Chris DiMarco.
Scotland's Colin Montgomerie held steady at No. 11 this week. Englishman David Howell moved up three spots to 12th, while fellow Englishman Luke Donald inched up one to 13th.
Love's loss to Ogilvy in the 36-hole final of the WGC - Accenture Match Play helped the American return to the top-20 as he jumped from 28th to 14th in the new rankings.
U.S. Open champion Michael Campbell dropped two places to No. 15. Angel Cabrera moved up one to 16th, while Kenny Perry was down five to 17th. Rory Sabbatini fell two to 18. Henrik Stenson and Chad Campbell each slipped one space to 19th and 20th respectively.
Australian Nick O'Hern dropped from the top-20. He fell to 22nd this week.
Kirk Triplett, who won the Chrysler Classic of Tucson, jumped 55 places to 85th in the new rankings.