Last week oil rigs remained unchanged at 844
The Baker Hughes rig count data for the current week will be released at the top of the hour.
Last week:
- Oil rigs 844. Expecting 846 this week
- Gas 200. Expecting 198 this week
- Total 1046. Expecting 1045 this week.
The price of crude oil is down sharply today with spot crude on the futures market down -$2.95 or -4.17% on the day at $67.74.