Baker Hughes weekly rig count data shows:

• Total rigs 548 vs 543 last
• Oil rigs 411 vs 409 last week
• Nat Gas 430 vs 427 last week.

The price of crude oil is trading at $110.75. That’s up $10.60. The gain today is the highest since March 6. The high price reached $113.97. The high price from March 9 reached $119.48

This article was written by Greg Michalowski at investinglive.com.



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