Baker Hughes oil rigs 292 from 325 last week and 311 estimate

Baker Hughes rig counts continue to him him. fall sharply
– Baker Hughes oil rigs 292 versus 325 last week
– gas rigs 80 versus 81 last week. Estimate 71.
– total rigs 374 versus 408 last week. Estimate 388
The number of oil rig counts continues its sharp decline.