The weekly Baker Hughes rig counts show:
- Total rig count 944 vs 943 last week
- Oil rig count 756 vs 759 last week
- Gas rig count 187 vs 183 last week
The
price of crude was trading at $48.07 before the report. It is trading
at $48.09 currently. That is down about -$1.00 or -2.04%.
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