Bakers Hughes rig count at the top of the hour

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Estimate is for little change

The Baker Hughes weekly rig count the week of Sept 28th are due at the top of the hour.
Last week saw:

  • Total rigs at 1053
  • Oil rigs at 866
  • Gas rigs at 186.

The estimate for oil rigs is 865 this week.
Crude oil is trading up $136 or 1.87% on the day at $73.48.  That takes the price to a new month high and to the highest level since July 11th. 



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