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)