Baker Hughes week US oil rig count unchanged

<ul><li>525 oil rigs vs 525 previously</li><li>Natural gas rigs 123 vs 128 prior</li></ul><p>Oil rigs have been steadily falling this year but US fields have kept up productivity by tapping DUCs. I don't know how much longer that can last. Gas prices have struggled but there was talk we would be under $1 by now and Henry Hub is at $2.73 as we inch closer to drawdown season.</p>

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