US rigs count dropped by 1 for the week ending 23 October, 2015 to 594, according to Reuters.
No big change, but the end of the report was what makes this important.
Oil production in the US has remained at about 9.1M bopd since September, below the 9.6M bopd reported in April.
So between the two periods, oil production in the US has dropped 500,000 bopd. it will be interesting to see how much more will drop as we progress into 2016.
http://in.reuters.com/article/2015/10/23/usa-oil-rigs-baker-hughes-idINL1N12N1NW20151023
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