Baker Hughes rig counts for the current week

  • Total rigs 799 versus 799 estimate. Last week 802
  • oil rigs 663 versus 665 estimate. Down from 668 last week
  • gas rigs 133 versus 130 estimate. Down from 131 last week.

The price of WTI crude oil is little changed after the report. It trades at $59 up $0.57 or 0.99%