Baker Hughes Total Rig Count Rises by +3 to 551

The weekly Baker Hughes rig count data for the week shows total rigs increased 3 to 551. Compared to a year ago, that number is down 25 Lower rig count does not necessarily mean lower oil extraction. The price of crude oil this week is up 6.10% or $5.77 for the July

The weekly Baker Hughes rig count data for the week shows total rigs increased 3 to 551.

Compared to a year ago, that number is down 25

Lower rig count does not necessarily mean lower oil extraction. The price of crude oil this week is up 6.10% or $5.77 for the July contract. eg Michalowski

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