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

Baker Hughes weekly rig count

The Baker Hughes weekly rig count data will be released at the top of the hour. The expectations are for:

• Total rigs 799 versus 802 last week
• Oil rigs 665 versus 668 last week
• Gas rigs 130 versus 131 last week

The current price of WTI crude oil futures is trading up $0.53 or 0.91% at $58.96. The low for the day reached $57.70. The high extended to $59.85.