Wall Street Journal | Oil rig count rises for 7th straight week Business Insider WTI crude oil is down by 0.7% at $50.10 a barrel, while Brent crude oil is down by 0.7% at $51.70 a barrel as of 12:57 p.m. ET. There's usually a lag between when oil prices rise and when drillers bring rigs back online. The rig count has not dropped ... US Oil-Rig Count Climbs by Four US drillers extend rig recovery with oil over $50/bbl -Baker Hughes |