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Oil is on its longest rally in years

A halt in new oil rigs and a decline in production have been fueling the rise.

US oil-rig count falls for the first time in 24 weeks, ending record streak

US oil prices were on pace for a 5% drop in June.

US oil rig count rises for the 23rd straight week

758 oil rigs were in use in the week ending June 23, 2017.

US oil-rig count jumps for record 21st week in a row

The oil-rig count rose by eight to 741, the highest level since April 10, 2015.

US oil-rig count rises for 20th straight week, Baker Hughes says

The oil-rig count rose by 11 to 733, the biggest jump in seven weeks.

Oil-rig count rises for 19th straight week

This week marks the one-year anniversary of when the tally bottomed after the downturn.

Oil-rig count rises for 18th straight week

This extended the longest streak of rig additions since 2011.

US oil rig count rises for 17th straight week, extending the longest stretch since 2011

Crude oil was on pace for its first weekly increase in four weeks and its biggest in five.

Oil-rig count climbs for 16th straight week

The release comes at the end of an eventful week for commodities in which oil prices fell to the lowest level since last November.