Oil is trading at $62.65 currently

the weekly Baker Hughes rig count will be released at the top in hour.

  • Total rigs 1006 est vs 1012 last week
  • Oil rigs 823 estimate versus 825 last week
  • Gas rigs 185 versus 187 loss week

Crude oil futures are currently trading at $62.65, that is down $-2.56 or -3.88%