The weekly Baker Hughes rig count shows:
- Total Rigs 603 vs 598 last week
- Oil rigs 462 vs 456 last week
- Nat Gas rigs 132 vs 133 last week.
For the year:
- Total rigs +56
- Oil rigs +44
- Nat gas +12
The price of crude oil is trading at $91.20 down $0.29 or -0.33%
This article was written by Greg Michalowski at investinglive.com.