<ul><li>Oil rigs +2</li><li>Gas rigs flat</li><li>Total rigs +2</li></ul><p>There's still a huge shortage of drill pipe and companies are relucant to increase drilling beyond what's needed to keep production flat.</p>
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The weekly Baker Hughes rig count data is showing:Oil rigs +8 at 610Natural gas rigs -1 at 157Total rigs +7 at 769The price of WTI crude oil is trading at $86.07. That's down...
The Baker Hughes rig count for the current week shows:oil rigs +2 to 604gas rigs -1 to 159Total rigs +1 to 765WTI crude oil today is trading at $79.87. That's down $-1.36 on...
