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Re: None

Tuesday, 06/23/2015 2:09:20 AM

Tuesday, June 23, 2015 2:09:20 AM

Post# of 194
The number of rigs exploring for oil in the U.S. fell by 4 last week to 631, according to the latest survey from Baker Hughes, marking the 28th straight week of declines.

The number of active oil rigs has plunged by 878 rigs, or 61%, since a peak of 1,609 rigs last October.

For all rigs, including natural gas, the week's drop totaled 2 to 857, down by 1,001 from the year-ago period.

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