Baker Hughes oil rig count -1 to 545 rigs | Forexlive

• Oil rigs -1 to 545 rigs
• Natural gas rigs -6 to 124 rigs
• Total rigs -8 on the week to 674 rigs

The rigs count is down for the 9th week in a row.

The rig count data on January 13, 2023 showed:

• Oil rigs: 623
• Gas rigs: 150
• Total rigs:775

The price of crude oil is up $0.59 or 0.87% at $70.45.