Baker Hughes oil rig count +6 to 500

<p>The Baker Hughes weekly rig count:</p><ul><li>Oil rigs +6 to 500</li><li>Gas rigs, -4 to 114</li><li>Total rigs +2 to 618</li></ul><p>The price of crude oil is trading up $2.91 at $76.00. That is up 3.98% on the day. The price is trading at session highs. The low reached $72.79. </p>

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