US oil rig count slides again (WTI, OIL, VDE, USO)

The total count of online US oil rigs fell by 7 to 330 this week, according to drilling giant Baker Hughes. 
In the last few weeks, we saw something of a comeback in the oil-rig tally relative to its recent trend. The oil rig count rose last week for a third straight period — the longest streak since August 2015 — by 9. 
Some producers brought rigs back online as crude oil rallied and crossed $50 per barrel. 
But this week, the oil rig count fell by the most