Wall Street Journal | U.S. Oil-Rig Count Increases to 659 in Latest Week - WSJ Wall Street Journal The number of U.S. oil-drilling rigs, which is a proxy for activity in the oil industry, had fallen sharply since oil prices headed south last year. They had dropped for 29 straight weeks before rising for two weeks and then falling again last week ... Rig count jumps even as oil slumps - Houston Chronicle Oil rig count jumps - Business Insider Oil drilling rigs increase unexpectedly | TheHill |