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Baker Hughes oil rig count 392 vs 400 prior

Weekly oil and natural gas drilling rig data from Baker Hughes:

  • Prior oil 400
  • Last week oil rigs fell by 13
  • Gas rigs 97 vs 102 prior
  • Total rigs 489 vs 502 prior

Be careful with chasing at this time of week, there was a pretty good whipsaw last Friday after the report.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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