Baker Hughes total U.S. rig count falls by 5

Baker Hughes total U.S. rig count falls by 5

U.S. energetic drilling rigs decline again, by five to 258, within the brand new weekly file from Baker Hughes.

U.S. Oil rigs fell by four to 181 for its 17th immediately weekly decline, while fuel rigs shed 1 to seventy five and 2 rigs continue to be categorized as miscellaneous.

Rigs targeting oil within the Permian Basin lose 1 to 125.

WTI August crude oil +1.3% to $40.15/bbl.

ETFs: USO, UCO, BNO, SCO, USL, DBO, USOI, NRGU, OILK, OLEM, OILX

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