Baker Hughes oil rig count 833 vs 830 estimate
Total rig count 1026 vs 1022 estimate. Oil trading at $58.52the before the report.
- Total rigs down 1 at 1026 from 1027 last week, but above estimates of 1022
- Oil rigs 833 vs 834 last week, but above the estimate of 830
- Nat gas 193 vs 193 last week
- The fall is the 4th week in row.
Crude oil is tradng little changed at $58.51