+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here comes the Baker Hughes rig count ...

Apr 8, 2016, 22:02 IST

Oil driller Baker Hughes will publish its latest count of US oil and gas rigs at the top of the hour.

Advertisement

Last week, the oil rig count fell by 10 to 362, the lowest level since November 2009.

The gas rig dropped by four, taking the combined count down 14 to 450.

Ahead of the release of the data, US crude was up 6% and rose to as high as $39.84 per barrel. A surprise drop in inventory levels and hopes of a production-freeze agreement among major producers are helping to lift hopes.

We'll have the latest rig-count data at the top of the hour, so refresh this page for updates.

Advertisement

This is the most recent chart:

Business Insider/Andy Kiersz

NOW WATCH: This 7-minute fitness routine is all you need to get in shape

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article