Weekly Baker Hughes rig count
- oil rig count 263 vs. 258 last week. Oil rig counts have moved from 231 to 263 over the last 5 weeks. They have been up and 13 of the last 14 weeks
- gas rig count 81 vs. 79 last week
- total rig count 346 vs. 338 last week
The price of WTI crude oil futures are up $0.57 or 1.18% at $48.93. The high price reached $49.18. The low prices down at $48.10.
Below is a graph of the oil rig count. Although rising off the August low, the rig count remains well below the 2020 high.
