Baker Hughes Rig count for the week of Feb 5th
The Oil rig count went from 498 to 467 - down 31 in the current week.
The Gas rig count went from 121 to 104 - down 17 in the current week.
A pretty big move lower.
The price of crude oil is currently trading at $31.72. The low extended to $30.92 today. The high reached $32.45.
