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Baker Hughes total rig count falls -12 to 759

Started by forex4you, Feb 05, 2023, 09:08 am

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Baker Hughes total rig count falls -12 to 759

<p>The Baker Hughes rig count fell -12 to 759. That was the lowest total rig count since September 2022.</p><ul><li>Oil rigs fell -10 to 599. </li><li>NatGas rigs fell -2 to 158.  </li></ul><p>The total fall of -12 was the biggest fall for a week going back to June 2020.</p><p>The price of crude oil is continuing the run to the downside. The price is down around $2.11 at $73.81 and trading at the lowest level since January 9. </p>

                This article was written by Greg Michalowski at www.forexlive.com.

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