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Baker Hughes oil rig count rises by 5 to 557 in the current week

Baker Hughes oil rig count rises by 5 to 557 in the current week

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Greg Michalowski
06/05/2022 | 17:03 GMT
  • Baker Hughes rig count data for the current week

The US Baker Hughes rig count data for the current week shows:

  • oil rigs +5 at 557
  • natural gas rigs +2 at 146
  • total rigs +7 at 705

The price of WTI crude oil is trading sharply higher by $2.36 at $110.63.

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