Baker Hughes oil rig count 784 versus 786 estimate

News

Total Rig counts down 5

Drillers have cut rig count for the 2nd week in a row.  The breakdown is showing:

  • Oil rigs, 784 versus 786 estimate. Last week rigs were at 788
  • Gas rigs, 172 versus 174 estimate. Last week gas rigs were at 174
  • Total rigs, 958 vs 958 estimate. Last week total rigs were at 963

The price of crude oil is currently trading at $60.47 up $.27 or 0.45%. The high reached $60.74 while the low extended to $59.93.

ForexLive

Products You May Like

Articles You May Like

Weekly Economic & Political Timeline – 10 November 2019 – 10 November 2019
Value stocks have ‘never been this cheap,’ Bank of America says
Nice Snap Back and Trend Trade Best Forex Scalping Software FibMatrix Live Forex Trading Room pips
HOW TO USE APCO FOREX TRADING SYSTEM?
GBP Technical Price Forecast: GBP/USD, GBP/JPY, EUR/GBP

Leave a Reply

Your email address will not be published. Required fields are marked *