Baker Hughes Oil Rigs August 17, 2018

Baker Hughes Crude Oil Rig Count
Latest Baker Hughes Report

The Baker Hughes rig count report shows U.S. oil rig count unchanged at 869.

Crude Oil prices are still range bound between $65 and $70 Producers added 10 rigs last week and now may be waiting for sustained higher prices before adding more rigs.

For further information contact joel.fingerman@fundamentalanalytics.com