Gas rigs 198 vs 198 expected
The Baker Hughes oil rigs increased by a larger than expected 15 rigs to 859. That was higher than the 846 estimate. The gain was the 7th in the last 8 weeks.
The gas rigs dipped to 198 from 200 last week. The expectations was for 198.
Total rigs moved up to 1059 from 1046 last week. The expectation was for a decline to 1045.
The price of Crude is trading at -$3 or 4.25 % now at $67.69
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