Baker Hughes oil rig count rises by 8 to 527
Baker Hughes rig count rose by 13 in the current week. That is one of the more solid increases (there was a gain of 19 a few weeks ago).
- Total rigs up 13 to 663
- Oil rigs up 8 to 527
- Natural gas rigs up 5 to 135
The price of crude oil is trading at $108.50. That’s up to dollars and $0.42 from the settle price yesterday. The high price reached near $110.30. The low price was near $104.50
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