Baker Hughes weekly rig count:
- Oil 479, unchanged on the week.
- Natural Gas 101, +4 on the week
- Total rig count 581, +4 on the week
Crude oil is currently trading at $84.04 up $0.17 or 0.20%. The high price reached $84.52 (that was the high for the week). The low price was at $83.02. The low price for the week was down at $81.38 reached on Monday. Last week closed at $81.54. The gain for the week is 3.07%.
This article was written by Greg Michalowski at www.forexlive.com.