The weekly Baker Hughes rig count showed:
Oil up 1 to 455
Natural gas up 4 to 128
Total rigs +5 to 593.
Versus a year ago, the Oil is up from 412, Natural gas is up from 122 and total is up from 539.
Crude oil is trading at $82.19, up $0.94 of the day. THe high reached $82.99. The low was at $80.71.
This article was written by Greg Michalowski at investinglive.com.