The weekly Baker Hughes rig count shows:
- Oil rigs -1 at 482
- Gas rigs +1 at 103
- Total rigs unchanged at 589
Crude oil is trading at $74.13. That is one dollar on the day. For the trading week, the price is up 5.65% with a gain of $3.97.
This article was written by Greg Michalowski at www.forexlive.com.
