Baker Hughes oil rigs inch up to 862 from 861 last week

Below estimate of 865

The Baker Hughes rig count for the current week showed oil rigs moved up 1 rig in the current week to 862 from 861 last week. That was lower than the 865 expected.

• Gas rigs moved to 198 from 197 last week
• Total rigs moved to 1062 from 1060

The price of WTI crude oil futures are trading down -$0.34 or -0.50% at $65.62. The high reached $66.24 today. The low extended to $65.15.