The U.S. oil-rig count fell by one to 659 in the latest week, according to Baker Hughes Inc., marking the 24th straight week of declines. The number of U.S. oil drilling rigs—a proxy for activity in the oil industry—has fallen sharply since prices headed south last year. There are now about 59% fewer rigs working since a peak of 1,609 in October. But the rate of decline has slowed in recent weeks, and some shale oil companies are expecting to add rigs in the coming months if prices stabilize near the current levels. U.S. crude oil futures were recently down 1.9% to $59.58 a barrel. According to Baker Hughes, gas rigs were down one to 222 this week. The U.S. offshore rig count is at 29, down five last week and off 23 […]