Baker Hughes oil rig count rises by 8 to 527

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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