Total rigs stay unchanged at 790
The Baker Hughes rig count showed
- Oil rigs moving up by 1 to 676 from 675 last week.
- The gas rigs fell 1 to 111 from 112 last week
- The total rigs came in at 790 unchanged from the previous week
The price of WTI crude oil is trading at $50.50 $-0.45 or -0.90%. The high price for the day reached $51.48 while the low extended to $50.09.