Baker Hughes rig count to be released at the top of the hour.
Oil rigs came in at 405 last week
The Baker Hughes rig count will be released at the top of the hour. Last week the numbers showed:
- Oil rigs 405
- Natural gas rigs 97
- Total rigs 503
The price of crude oil is currently trading up $1.42 or 2.11% at $68.84. The low price on Monday reached $61.76 before starting its sharp move back to the upside.
