Baker Hughes Rig count this week showed:
- Oil rigs up 1 to 501
- Nat Gas -2 to 118
- Total rig, -1 to 621.
The price of crude oil is up $1.46 or 2.02% at $73.66. For the week, the price is up 2.79% or $2.01.
This article was written by Greg Michalowski at www.forexlive.com. Source