CNBC | Don't get nervous about rig count, oil is going higher: Trader CNBC The uptick in the U.S. oil rig count isn't anything to be nervous about, trader Jeffrey Grossman said Friday. Instead, he thinks it shows the industry is a little more confident that the market is stabilizing and is on its way higher. "It shows that ... Large-Cap Oil Service May Lag a Recovery $50 Oil Has U.S. Rig Count Increasing For 2nd Week In A Row US oil drillers add rigs for second week in a row: Baker Hughes |