Wall Street Journal | US Oil-Rig Count Gains by Three in Latest Week Wall Street Journal The U.S. oil-rig count, typically viewed as a proxy for activity in the sector, is off sharply from its peak of 1,609 in October 2014, as low oil prices put downward pressure on production. Oil prices have lost the temporary boost they got earlier this ... Baker Hughes reports fifth-straight weekly climb in US oil-rig count Oil Relieved As Rig Count Shows Negligible Gain US drillers add three oil rigs back to the field |