Wall Street Journal (subscription) | US Oil Rig Count Falls by One Wall Street Journal (subscription) The number of rigs drilling for oil in the U.S. fell by one in the past week to 765, according to oil-field services company Baker Hughes, now a unit of General Electric Co. The U.S. oil-rig count is typically viewed as a proxy for activity in the ... Oil Prices Rise As The US Rig Count Falls US oil drillers cut rigs for second week in three: Baker Hughes Crude Oil Price Analysis for August 7, 2017 |