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Bakers Hughes oil rig count +1 to 623

Bakers Hughes oil rig count +1 to 623

The Baker Hughes rig count for the current week shows:

  • Oil rigs rose 1 to 623.
  • Gas rigs +2 to 157
  • Total rigs +3 to 792

The price of crude oil tumbled to a low of $77.24 but is trading at $78.82 currently The high reached $82.62 today. The price is below the 100 week MA at $80.94. A close below would be the first below the MA going back to December 2020. The price is down -$10.10 on the week.

This article was written by Greg Mic... Read More
Posted: Nov 18 2022, 18:11
Author Name: forexlive
Views: 102382

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