Comment on Here Comes The Baker Hughes Rig Count ... (BHI, USO)

Here Comes The Baker Hughes Rig Count ... (BHI, USO)

The latest active rig count data from oil driller Baker Hughes is set for release at 1:00 pm ET. Last week, the rig count fell by 27 — to 1,893 from 1,920 the prior week — which was the biggest weekly drop in almost two years. But last week's drop was still just a blip when looking at the last 15 years of weekly data.

 

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