Crude Tumbles After US Oil Rig Count Jumps Most Since 2009
July 22, 2016 at 14:38 PM EDT
Having risen for 6 of the last 7 weeks, the US oil rig count extended its run with a 14 rig surge this week - the most since Dec 2015. Oil rigs have now risen 55 rigs in the last 8 weeks.
