Weekly Baker Hughes recount shows a fall in oil rigs by -2 to 574

The weekly Baker Hughes rig count shows:

• Oil rigs -2 to 574
• Gas rigs +1 to 151
• Total rigs, -1 to 727

The price of crude oil Crude Oil Crude oil is the most popular tradable instrument in the energy sector, offering exposure to global market conditions, geopolitical risk, and economics. The instrument is strategically relied upon and situated in the global economy. Crude oil has proven to be a unique option for traders given volatility and the efficacy of both swing trading and longer-term strategies. Despite its popularity, crude oil is a very complex investing instrument, given the litany of fluctuations in oil prices, risk, Crude oil is the most popular tradable instrument in the energy sector, offering exposure to global market conditions, geopolitical risk, and economics. The instrument is strategically relied upon and situated in the global economy. Crude oil has proven to be a unique option for traders given volatility and the efficacy of both swing trading and longer-term strategies. Despite its popularity, crude oil is a very complex investing instrument, given the litany of fluctuations in oil prices, risk, Read this Term is currently up $0.32 at at $114.41

The high for the day reached $115.19. The low for the day extended to $112.85. The high got close to the swing hi from May 17 (and the high for the month) at $115.56. A move above that level would have the price trading at the highest level since March 24 when the price peaked at $116.64. The high price for the year was reached on March 7 when it spiked up to $130.50.

The low for the year was on the 1st day of the calendar year at $74.27. From the end of the year the prices up 52.64%. At the years high back on March 7, the price was up close to 74% for the year.

How about for the month of May?

The last day of April closed at $104.69. With the current price at $114.41, the prices up 9.28%.