The weekly Baker Hughes rig count is showing:
- oil rig count up 1 to 481
- Gas rig count also up 1 to 107
- Total rigs up 2 to 588
The price of crude oil is currently down $0.69 or -0.87% that $78.07
The weekly Baker Hughes rig count is showing:
The price of crude oil is currently down $0.69 or -0.87% that $78.07
Most Popular
Sponsored
VIX surges 73% amid war & inflation. Low-beta ETFs like USMV (0.55 beta) offer stability with low fees.
VTI's tech-heavy weighting, with Nvidia at 21.4x forward earnings, offers growth but risks concentration.
US CPI jumps 1% on gas surge; core prices up 0.3%. Fed may hold rates due to inflation risks.
Build core ETFs like VOO/VTI first, then add dividend stocks, int'l funds, and bonds for balanced returns & risk.
Fed holds rates; AI stocks face higher capital costs & potential valuation dips. NVDA P/E 35.6, GOOGL 26.6.
Pallet PPI & packaging paper shipments rise, signaling freight demand up 4% YoY. Mills at 84% capacity. Good for Q2/Q3.
MSFT, AVGO, META down 25%+! AI leaders trade at bargain valuations, offering massive rebound potential.
Sponsored
Must Read