Baker Hughes US oil rig count -5 | Forexlive

• Oil rigs 520 vs 525 prior
• Gas rigs 117 vs 123 prior

The market is betting on OPEC+ supply next year filling the shortfall of production because it doesn’t look like it will be coming from the US. WTI crude is up $1 to $81.39 on talk of a big inventory draw next week in the US.