Baker Hughes rig count for January 17
- Total rigs 796 versus 781 last week
- Oil rigs 673 versus 659 last week
- Gas rigs 120 versus 119 last week
This is the 1st gain in oil rigs in the last 4 weeks.
The price of crude oil futures trade at $58.30 $-0.22 or -0.38%. That is a down from $58.45 a few minutes before the report.