Baker Hughes total rig count 1047 vs 1052 last week - ConsultFX

Baker Hughes total rig count 1047 vs 1052 last week

Crude oil trading at $74.15 just before the release Rigs have now declined for the 2nd week in a row.   U.S. crude oil inventories had a surprise 9.9 million drawdown in the week through June 22 (est was for 3.0M).