Baker Hughes total rig count falls to 543 from 552 last week

Baker Hughes:

• Total rig count 543 versus 552 last week
• Oil rigs 409 versus 414 last week
• Nat Gas 127 versus 131 last week.

Despite the higher prices, rigs decline in the current week. Go figure.

This article was written by Greg Michalowski at investinglive.com.