Baker Hughes oil rig count 816 vs 824 last week
The weekly Baker Hughes rig count
- Total rig count 1006 vs 1016 last week
- Oil rig count 816 vs 824 last week
- Gas rig count 190 vs 192 last week.
The price of crude is trading at $60.10 up $0.79 or 1.32%. The high reached $60.73. The low extended to $59.41
It is the 4th down week in a row for oil rigs. The high water mark for oil rigs reached 888 in November 2018. Today's number is the lowest since April 2018.