Baker Hughes oil rig count rises by 1 to 411
Reuters
The weekly oil rig count from Baker Hughes is showing the latest data on the number of active oil rigs in the United States, News.Az reports citing foreign media.
- Oil rig +1 at 411
- Gasoline -1 at 123
- Total rigs -1 at 539
The price of oil is trading up $0.10 at $63.98. The price remains below its 100 day moving average at $64.89 keeping bearish bias versus the daily moving averages heading into the weekend.
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