{"id":436719,"date":"2026-08-22T00:07:01","date_gmt":"2026-08-21T17:07:01","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/baker-hughes-rig-count-5-at-588-436719\/"},"modified":"2026-08-22T00:07:01","modified_gmt":"2026-08-21T17:07:01","slug":"baker-hughes-rig-count-5-at-588","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/baker-hughes-rig-count-5-at-588-436719\/","title":{"rendered":"Baker Hughes rig count -5 at 588"},"content":{"rendered":"<div>\n<p>The weekly Baker Hughes rig count shows:<\/p>\n<ul>\n<li>Crude oil rigs -3 at 452<\/li>\n<li>Natural Gas rigs -1 at 127<\/li>\n<li>Total rigs -5 at 588<\/li>\n<\/ul>\n<p>For the year:<\/p>\n<ul>\n<li>Oil was 412<\/li>\n<li>Natural Gas was at 122<\/li>\n<li>Total rigs was at 539.\u00a0\u00a0<\/li>\n<\/ul>\n<p>Crude oil is trading at $87. That&#8217;s up $0.17 on the day. For the trading week, the price is up $4.60. <\/p>\n<p>Looking at the daily chart, the high-priced today reached $87.51. That is just below the 100 day moving average at $88.05. The high for the week reached $87.69 yesterday.\u00a0 Moving and staying above the 100 day MA would be more bullish technically.<\/p>\n<\/p>\n<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The weekly Baker Hughes rig count shows: Crude oil rigs -3 at 452 Natural Gas rigs -1 at 127 Total rigs -5 at 588 For the year: Oil was 412 Natural Gas&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436719","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436719"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436719\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}