Get Exclusive Intel

	WTI Crude •10 mins	73.41	+1.67	+2.33%
	Brent Crude •10 mins	77.85	+1.72	+2.26%
	Murban Crude •15 mins	75.51	+1.74	+2.36%
	Natural Gas •10 mins	2.210	+0.038	+1.75%
	Gasoline •11 mins	2.547	+0.046	+1.86%
	Louisiana Light •4 days	72.39	+1.98	+2.81%
Start Trading CFDs Over 2,200 Different Instruments
Click Here for 150+ Global Oil Prices

Louisiana Light • 4 days	72.39	+1.98	+2.81%
Bonny Light • 3 days	75.19	+1.17	+1.58%
Opec Basket • 4 days	72.79	-0.28	-0.38%
Mars US • 2 days	71.39	+1.89	+2.72%
Gasoline • 11 mins	2.547	+0.046	+1.86%

Click Here for 150+ Global Oil Prices Link

Start Trading CFDs Over 2,200 Different Instruments Link

Click Here for 150+ Global Oil Prices Link

	Marine •4 days	71.16	-0.50	-0.70%
	Murban •4 days	72.83	-0.76	-1.03%
	Iran Heavy •3 days	74.48	+1.40	+1.92%
	Basra Light •552 days	71.69	-3.60	-4.78%
	Saharan Blend •3 days	75.67	+1.27	+1.71%
	Bonny Light •3 days	75.19	+1.17	+1.58%
Start Trading CFDs Over 2,200 Different Instruments
Click Here for 150+ Global Oil Prices

Bonny Light • 3 days	75.19	+1.17	+1.58%
Girassol • 3 days	77.03	+1.40	+1.85%
Opec Basket • 4 days	72.79	-0.28	-0.38%

Click Here for 150+ Global Oil Prices Link

Start Trading CFDs Over 2,200 Different Instruments Link

Click Here for 150+ Global Oil Prices Link

	Canadian Crude Index •5 days	53.57	-1.23	-2.24%
	Western Canadian Select •3 days	48.85	+2.01	+4.29%
	Canadian Condensate •3 days	72.25	+2.01	+2.86%
	Premium Synthetic •3 days	70.50	+2.01	+2.93%
	Sweet Crude •3 days	67.65	+2.01	+3.06%
	Peace Sour •3 days	64.35	+2.01	+3.22%
Start Trading CFDs Over 2,200 Different Instruments
Click Here for 150+ Global Oil Prices

Peace Sour • 3 days	64.35	+2.01	+3.22%
Light Sour Blend • 3 days	65.65	+2.01	+3.16%
Syncrude Sweet Premium • 3 days	74.60	+2.01	+2.77%
Central Alberta • 3 days	63.95	+2.01	+3.25%

Click Here for 150+ Global Oil Prices Link

Start Trading CFDs Over 2,200 Different Instruments Link

Click Here for 150+ Global Oil Prices Link

	Louisiana Light •4 days	72.39	+1.98	+2.81%
	Domestic Swt. @ Cushing •4 days	66.50	+2.50	+3.91%
	Giddings •4 days	60.25	+2.50	+4.33%
	ANS West Coast •5 days	71.79	-1.55	-2.11%
	West Texas Sour •4 days	64.33	+2.26	+3.64%
	Eagle Ford •4 days	66.58	+2.01	+3.11%
Start Trading CFDs Over 2,200 Different Instruments
Click Here for 150+ Global Oil Prices

Eagle Ford • 4 days	66.58	+2.01	+3.11%
Oklahoma Sweet • 4 days	66.50	+2.50	+3.91%
Kansas Common • 5 days	58.25	-1.50	-2.51%
Buena Vista • 13 days	76.15	-1.09	-1.41%

Click Here for 150+ Global Oil Prices Link

Start Trading CFDs Over 2,200 Different Instruments Link

Click Here for 150+ Global Oil Prices Link

All Charts

2 days Russia’s Seaborne Diesel Exports Plummet In May
2 days UK Grid Operator Enables Renewables Producers To Connect New Projects
2 days Exxon And Chevron Close To Signing Gas Exploration Deals In Algeria
2 days Canada Guarantees Loans For Trans Mountain Pipeline Expansion
2 days Biden Bans Oil And Gas Leasing Near New Mexico Cultural Site
3 days China Launches Asia’s Biggest Coal Carbon Capture Plant
3 days Oil Sands Major To Slash 1,500 Jobs
3 days Saudi Arabia To Expand Its Lithium Processing Industry
3 days South Africa Could Ease Blackouts By Burning Heavy Fuel Oil
3 days Europe’s 11th Russian Sanctions Package Could Be Coming Soon
3 days Chinese Government Encourages Tesla To Expand Business In Shanghai
3 days Petrobras Set To Raise Investments In Low-Carbon Energy Projects
3 days Qatar Signs Long-Term LNG Supply Deal With Bangladesh
3 days Petrobras Looks To Grow Oil Production Outside Brazil
3 days OPEC+ Unlikely To Announce Additional Oil Output Cuts
4 days Exxon And Chevron Shareholders Dismiss Climate Resolutions
4 days Colombia Accuses U.S. Coal Miner Of Funding Paramilitary Group
4 days Oil Markets Shocked By Across the Board Inventory Builds
4 days American Offshore Wind Gets Gulf Of Mexico Green Light
4 days Reuters Survey: OPEC Output Down 460,00 BPD This Month
4 days Consortium To Invest $9 Billion In Indonesia's Mining And Battery Industries
4 days Gas Leak Forces Equinor To Shut Major LNG Export Terminal
4 days TotalEnergies Plans Synthetic Natural Gas Plant In The U.S.
4 days European Natural Gas Prices Fall On Weak Global Demand
5 days Indonesia To Curb LNG Exports
5 days Buffett Boosts Occidental Petroleum Stake To 24.9%
5 days Saudi Arabia Could Cut Oil Prices For Asia Once Again
5 days Saudi Arabia Will Have Hydrogen Buses Running In 2024
5 days The World's First "Battery Tanker" May Become Operational This Decade
5 days Lithium Market To Remain Tight Through 2024: Chile
5 days UAE Sought More U.S. Presence In The Gulf After Iran Seized Oil Tankers
5 days Namibia Considers Taking Stakes In Local Mining And Oil Companies
5 days Tax Credit Uncertainty Could Derail $1-Billion Pink Hydrogen Project
5 days Gasoline Demand Over Memorial Day Weekend Lower Than In 2022
6 days Skills Gap Could Delay Europe’s Energy Transition
6 days OPEC Would Welcome Iran’s Return To The International Oil Market
6 days Chinese Solar Major Slashes The Prices Of A Key Component
6 days Petrobras Launches New Commercial Portfolio For Natural Gas
6 days Tesla Model Y To Become Best Selling Car In The World In 2023
6 days Today’s Election In Alberta Could Shape Canada’s Climate Policies For Years

3 minutes e-car sales collapse
6 minutes America Is Exceptional in Its Political Divide
11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
16 hours GREEN NEW DEAL = BLIZZARD OF LIES
9 mins Solving The Space Problem For America’s Solar Industry
21 hours Russian Officials Voice Concerns About Chinese-Funded Rail Line
3 days Investment in renewables tanking
4 days If hydrogen is the answer, you're asking the wrong question
2 days How Far Have We Really Gotten With Alternative Energy
4 days "Mexico Plans to Become an Export Hub With US-Drilled Natural Gas" - Bloomberg - (See image)

Breaking News:

Russia’s Seaborne Diesel Exports Plummet In May

Find us on:

Here’s Why Oil Flows Can Only Be Redirected, Not Stopped

The global oil markets have…

Oil Markets On Edge Over OPEC And Debt Ceiling Uncertainty

It is set to be…

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

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

100 Billion Barrels Of Oil Below Gatwick? Maybe Not

Gas Discounts To Ukraine From Neighborly Love Claims Putin

ZeroHedge

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

More Info

Canada Guarantees Loans For Trans Mountain Pipeline Expansion

Biden Bans Oil And Gas Leasing Near New Mexico Cultural Site

China Launches Asia’s Biggest Coal Carbon Capture Plant

Most Popular

U.S. Gasoline Prices Are Set For A Significant Decline

Iran Seizes Third Oil Tanker As U.S. Boosts Military Presence

14,000 Inactive Oil & Gas Wells In U.S. Unplugged

Oil Markets Shocked By Across the Board Inventory Builds

Finland’s Electricity Prices Fall Below Zero

Most Commented

Texas Natural Gas Prices Turn Negative

Oil Markets Struggle To Overcome Bearish Sentiment

The Energy Transition Has A Metals Problem

Two Charts That Explain U.S. Energy Independence

The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.

Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.

Trading and investing carries a high risk of losing money rapidly due to leverage. Individuals should consider whether they can afford the risks associated to trading.

74-89% of retail investor accounts lose money. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets.

Merchant of Record: A Media Solutions trading as Oilprice.com

Breaking News:

Here’s Why Oil Flows Can Only Be Redirected, Not Stopped

Oil Markets On Edge Over OPEC And Debt Ceiling Uncertainty

Share

Related News

Total U.S. Rig Count Drop Over 50%

ZeroHedge

Related posts

Canada Guarantees Loans For Trans Mountain Pipeline Expansion

Biden Bans Oil And Gas Leasing Near New Mexico Cultural Site

China Launches Asia’s Biggest Coal Carbon Capture Plant

Leave a comment

Most Popular

Most Commented