Baker Hughes US drilling rigs for the week ending March 11:

  • Prior oil rigs 392
  • Natural gas rigs down to 94 from 97
  • Total rigs down to 480 from 489 (lowest in 41-years)

Oil has been choppy in the aftermath of oil rig data lately.

The headline about the rig count at the lowest level in 41 years could give a bump to energy prices.