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Whiting Petroleum (WLL) Stock Gains on Rallying Oil Prices

NEW YORK (TheStreet) -- Shares of Whiting Petroleum (WLL - Get Report) were gaining 5.3% to $21.99 on Wednesday as oil prices continued to rally for the fourth day in a row.

WTI crude oil for November delivery as up 1.57% to $49.29 a barrel Wednesday morning, and Brent crude oil for November delivery was up 1.69% to $52.80 a barrel.

Oil prices were rising due to signs that U.S. production is continuing to slow, according to The Wall Street Journal.

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