There are about 64% fewer oil rigs from a peak of 1,609 in October 2014…. The number of U.S. oil-drilling rigs, which is viewed as a proxy for activity in the oil industry, has fallen sharply since oil prices started falling last year. The week’s increase of two oil rigs to 574 breaks a 10-week streak of declines. Still, there are about 64% fewer rigs from a peak of 1,609 in October 2014. According to Baker Hughes, the number of gas rigs fell by six to 193. The U.S. offshore-rig count was 33 in the latest week, up one from last week and down 19 from a year ago. For all rigs, including natural gas, the week’s total fell by four to 767. Oil prices have fallen this week on concerns about growing supplies in the U.S. and overseas, and the U.S. benchmark was recently off 2.9% to $40.54. […]