Last week, the count of oil rigs spiked by 19 to 471, the biggest weekly increase since July 2015. …

Oil prices were slightly higher ahead of the data release on Friday. The West Texas Intermediate cr…

Although the oil rig count has been rising, US production is still down year-on-year, reflecting so…

The oil-rig count has increased since June as operators became more bullish on the market. Oil pric…

There's usually a lag between when oil prices rise and when drillers bring rigs back online. As of …

There's usually a lag between when oil prices rise and when drillers bring rigs back online. As of …

After the oil crash started, drillers were forced to cut costs in various ways, including reducing …

Analysts have cited the recent gain in the oil-rig count as one sign that the market may remain ove…

Analysts have cited the recent gain in the oil-rig count as one sign that the market may remain ove…

In a note on Friday, Morgan Stanley analysts wrote that the recent gain in the US oil-rig count is …

West Texas Intermediate crude oil is headed for its worst week since March, even amid a 3% rebound …

Rig counts trail oil prices, and so the move higher suggests that producers became more comfortable…

Meanwhile, crude oil prices are lower on Friday. West Texas Intermediate crude futures are down 1.8…

This is nothing close to a meaningful rebound, however. Goldman Sachs commodities researchers estim…

In the last few weeks, we've seen something of a comeback in the tally relative to its recent trend…

Goldman analysts wrote in a note earlier this week that the current level of oil prices is not enou…

The data could provide some clues about whether some producers got back in the game as crude oil pr…

Earlier this week, crude oil prices rose above $50 per barrel for the first time in seven months am…

The series has collapsed in the wake of the most recent oil decline that started almost two years a…

The latest data on US oil rig use from diller Baker Hughes is set for release at the top of the hou…