rig count

Oil prices are beginning to rebound thanks to a cut in production. But when companies resume drilling and supply increases again, prices might plummet for the second time this year.

We have no rigs, yes we do! We have no rigs, how about you!

Oil is the boot. Oil producers are the ant underneath that boot.

Oil trade was volatile Monday, but the day ended relatively well: the commodity increased $1, despite fighting in Libya and a remaining supply glut.
Amid speculation that a slowdown in drilling might curb production, oil traded at a high.
While manufacturing reported weakness caused a drop in oil, heating oil led a product comeback. Yet it was natural gas that quietly closed above $4.00 that was perhaps the most interesting move of the day.