Last week total rig count at 857

The Baker Hughes rig count for the current week will be released at the top of the hour.

Last week:

  • Total rig count came in at 857
  • Oil rigs came in at 688
  • Gas rigs were at 167

The current price of crude oil is trading at $49.21, up $0.24 on the day or +0.50%. The high extended to $49.76. The low reached $48.80.