Baker Hughes total rig count comes in at 870 vs 857 last week

Up 13 on the week

The weekly Baker Hughes rig count data is out for the week:

• Total rig count 870 vs 857 last week. Up 13 on the week
• Oil rigs 697 vs 688 last week. Up 9 on the week
• Gas rigs 171 vs 167 last week. Up 4 on the week.

Crude oil is little changed after the report (trades at $49.29, Up $0.22 on the day).