Wall Street Journal | US Oil Rig Count Declines by 16 Wall Street Journal The number of U.S. oil-drilling rigs, which is viewed as a proxy for activity in the oil industry, has fallen sharply since oil prices started falling last year. After a streak of modest growth, the rig count has now declined for nine consecutive weeks ... Oil rig count plunge returns to double-digits Oil rig count collapses for 9th straight week |