Bakers Hughes oil rig count -3 to 519

Bakers Hughes weekly rig count shows:

• Oil rigs -3 to 519 from 522 last week
• Gas rigs +3 to 130 from 127 last week
• Total rigs unchanged at 650 for the current week.

The price of crude oil is trading at $112.59 up $4.91 or 4.55%