US RIGS COUNT FELL BY 42

Last week, the number of US oil rigs in use fell by 42 to 760, the lowest total since December 17, 2010.

Combined oil and gas rigs declined by 40 last week to 988, the lowest since August 2009.

This could provide some support for oil in the immediate term. 

Read more here: http://www.businessinsider.my/baker-hughes-rig-count-april-17-2015-4/#QHOmX13rZr0kzptF.97