In September, Venezuela's Rig Count tumbled to a new 15 year low with just 44 rigs operating, according to Baker Hughes. As the graph below indicates, that 44 is down from 87 in 2013.

In September, Venezuela's Rig Count tumbled to a new 15 year low with just 44 rigs operating, according to Baker Hughes.  As the graph below indicates, that 44 is down from 87 in 2013.

We will get OPEC September production data tomorrow.