Weekly Baker Hughes rig count to be released at the top of the hour

A Friday afternoon staple is the Baker Hughes Rig count for the current week

Last week:

  • Oil rigs came in at 805
  • Gas rigs came in at 183
  • Total rigs came in at 988.

Crude oil is currently little changed at $62.82 (down -$0.05). The low reached $62.52. THe high has extended to $63.64.