Baker Hughes data reveal an 8th weekly rise in a row for the U.S. oil-rig count
SHALE CRISIS: The number of active oil rigs in the U.S. fell by four to 176, the lowest since 2005, according to Baker Hughes data (so the rig count is now below the level before the shale revolution really started) #OOTT #Permian #Bakken
U.S. oil & gas rig count falls to record low for 10th week: Baker Hughes
CHART OF THE DAY: US oil drilling rig count continues falling, down 10 to 189 over the last week, according to Baker Hughes. It's approaching the most recent low of 179 set in June 2009 | #OOTT #Permian #Bakken
Total US rig count falls 13 to 489, Baker Hughes says That's just one rig higher than the all-time record low (started counting in 1940s)
Crude adds to its gains (up 12.25% now) after Baker Hughes reports US oil rig count down by 28 rigs.