Oil rigs cut for the 2nd week in a row
Weekly Baker Hughes rig count totals for the week:
- Oil rigs 863 vs 866 last week
- Total rigs 1054 vs 1053 last week
- Gas rigs 189 vs 186 last week.
PS there is a other category that squares the total rig counts apparently (863 +189 = 1052 +2 other = 1054)