I think the most common chord progression is called "cycle of fifths" C, G, D, A, E, B, etc., (http://en.wiktionary.org/wiki/cycle_of_fifths) A "circle of fifths" is a diagram that shows the same progression in a circle (en.wikipedia.org/wiki/Circle_of_fifths)
Your chord progression is not the most common. The standard blues progression is I - IV - V and the most common jazz progression is II- V - I. but your progression is I - VI - II - V.