Crude oil is trading currently at $58.45
The weekly Baker Hughes recount data will be released at the top of the hour. Last week:
- Total rigs came in at 781
- Oil rigs came in at 659
- Gas rigs came in at 119
The estimate for oil rigs this week is at 655.
Crude oil is currently trading at $58.45, down $0.07 or -0.13%. The high price reached $58.98. The low price extended to $58.37. A narrow trading range to end the week.