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US Baker Hughes total rig count 553 vs 539 last week

Oil rigs 444. Gas rigs 108

The latest Baker Hughes rig count shows that total rigs increased to 553 phone 539

  • Total 553 vs 539, +14
  • Oil rigs 443 vs 432 last week, + 11
  • Gas rigs 108 vs 015, +3

The gains are pretty good and the modest trend higher continues, but the impact on the oil price has been minimal (the price moved to $50.59 from $50.71. It is currently trading at $50.72).

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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