Baker Hughes US oil rig counts 804 versus 800 prior

Weekly oil and gas drilling rigs from Baker Hughes

  • Prior was 800
  • Oil rigs 804 vs 800 prior
  • Gas rigs 190 vs 189 prior
  • Total rigs 995 vs 990 prior

Drill baby drill (again).

Crude oil was trading at $65.35, up $1.04 or 1.51% just before the release.  It currently trades at $65.39 (not much change). 

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