Baker Hughes US oil rig count -5

<ul><li>Oil rigs 520 vs 525 prior</li><li>Gas rigs 117 vs 123 prior</li></ul><p>The market is betting on OPEC+ supply next year filling the shortfall of production because it doesn't look like it will be coming from the US. WTI crude is up $1 to $81.39 on talk of a big inventory draw next week in the US.</p>

This article was written by Adam Button at www.forexlive.com.