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.