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Baker Hughes total rig count falls -12 to 759

Baker Hughes total rig count falls -12 to 759

The Baker Hughes rig count fell -12 to 759. That was the lowest total rig count since September 2022.

  • Oil rigs fell -10 to 599.
  • NatGas rigs fell -2 to 158.

The total fall of -12 was the biggest fall for a week going back to June 2020.

The price of crude oil is continuing the run to the downside. The price is down around $2.11 at $73.81 and trading at the lowest level since January 9.

This article was written by Greg Michalowski at... Read More
Posted: Feb 3 2023, 18:08
Author Name: forexlive
Views: 102368

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