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Baker Hughes total rigs down to 632 from 642 last week

Oil rigs moved from 520 to 512 or -8 rigsNatural gas rigs moved from 117 to 115 or -2 rigsTotal rigs moved from 642 to 632 or -10 rigsThe trend in rigs continue to the downside. From a year ago, the total rigs are down -133 rigs or -17.4%. The price of crude oil is currently up $0.42 at $79.46. That is down from the high of $80.45. The low price today was at $78.85. This article was written by Greg Michalowski at www.forexlive.com... Read More

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Posted: Aug 25 2023, 17:09

Author Name: forexlive

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