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	WTI Crude •10 mins	91.01	+0.22	+0.24%
	Brent Crude •10 mins	92.40	+0.20	+0.22%
	Murban Crude •15 mins	94.28	-0.88	-0.92%
	Natural Gas •10 mins	2.905	-0.024	-0.82%
	Gasoline •10 mins	2.396	-0.004	-0.16%
	Louisiana Light •4 days	93.55	-0.08	-0.09%
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Louisiana Light • 4 days	93.55	-0.08	-0.09%
Bonny Light • 3 days	96.23	-1.40	-1.43%
Opec Basket • 4 days	97.48	+2.17	+2.28%
Mars US • 2 days	88.89	-0.92	-1.02%
Gasoline • 10 mins	2.396	-0.004	-0.16%

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	Marine •3 days	95.41	-0.58	-0.60%
	Murban •3 days	96.62	-0.73	-0.75%
	Iran Heavy •3 days	92.56	-1.46	-1.55%
	Basra Light •671 days	71.69	-3.60	-4.78%
	Saharan Blend •3 days	96.07	-1.31	-1.35%
	Bonny Light •3 days	96.23	-1.40	-1.43%
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Bonny Light • 3 days	96.23	-1.40	-1.43%
Girassol • 3 days	97.26	-1.46	-1.48%
Opec Basket • 4 days	97.48	+2.17	+2.28%

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	Canadian Crude Index •124 days	53.57	-1.23	-2.24%
	Western Canadian Select •2 days	72.46	-1.97	-2.65%
	Canadian Condensate •3 days	93.86	-1.97	-2.06%
	Premium Synthetic •3 days	92.11	-1.97	-2.09%
	Sweet Crude •2 days	87.96	-1.97	-2.19%
	Peace Sour •2 days	86.21	-1.97	-2.23%
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Peace Sour • 2 days	86.21	-1.97	-2.23%
Light Sour Blend • 2 days	86.71	-1.97	-2.22%
Syncrude Sweet Premium • 2 days	95.31	-1.97	-2.03%
Central Alberta • 2 days	84.51	-1.97	-2.28%

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	Louisiana Light •4 days	93.55	-0.08	-0.09%
	Domestic Swt. @ Cushing •4 days	88.19	+1.32	+1.52%
	Giddings •4 days	81.94	+1.32	+1.64%
	ANS West Coast •11 days	95.41	-0.12	-0.13%
	West Texas Sour •4 days	87.59	+1.32	+1.53%
	Eagle Ford •4 days	88.19	+1.32	+1.52%
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Eagle Ford • 4 days	88.19	+1.32	+1.52%
Oklahoma Sweet • 4 days	88.25	+1.25	+1.44%
Kansas Common • 5 days	84.00	+3.25	+4.02%
Buena Vista • 5 days	98.88	+2.54	+2.64%

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ZeroHedge

The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Total U.S. Rig Count Drop Over 50%

By ZeroHedge - Apr 17, 2015, 2:25 PM CDT

Rig counts fell for a record 19th week in a row. Total rigs dropped 34 to 954 and oil rigs dropped 26 to 374. This means the total rig count drop is now greater than 50% - the fastest drop since 1986.

Crude prices had slid into the rig count announcement and popped afterwards.

Related: The Latest Media Attempts To Suppress Oil Prices

RigCount0415

This is a record 19th week of consecutive rig count declines...

Related: Is Saudi Arabia Setting The World Up For Major Oil Price Spike?

RigCountChart20415

Leaving the total rig count decline now over 50% - the most since 1986...

Related: The Inconvenient Truth About A Green Revolution

RigCountChart30415

Charts: Bloomberg

By Zerohedge

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