Weekly Baker Hughes oil rig count. Crude oil trades at $62.78 just before the report.

  • oil rigs 802 versus 805 last week
  • gas rigs 185 versus 183 last week
  • total rigs 987 versus 988 last week

Oil rigs are down for the 2nd week in a row.

Crude oil trades up about $0.04 to $62.82