- The number of active U.S. oil rigs fell by 8 to 343 for a fifth consecutive week of declines, according to Baker Hughes' latest weekly survey.
- The total U.S. rig count, which includes a decline of one gas rig to 88, drops by 9 to 431, 73% fewer than the peak of 1,609 in October 2014.
- In the past year, the total rig count is down 54% from 932, and oil rigs are 51% lower from 360.
- ETFs: USO, UNG, OIL, UWTI, UGAZ, UCO, DGAZ, DWTI, SCO, BNO, BOIL, DBO, GAZ, DTO, USL, KOLD, UNL, DNO, OLO, SZO, DCNG, OLEM