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.
