Baker Hughes oil rig count versus last week.

<ul><li>Total rigs 630 versus 641 last week. Down -11 on the week</li><li>Oil rigs versus 507 vs 515 last week. Down -8 on the week.</li><li>Gas rigs versus 118 vs 121 last week. Down -3 on the week.</li></ul><p>Crude oil was trading at $89.95. It has seen a move up to $90.23 currently. </p>

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