Total rig -8 to 539Oil rig -7 to 425Nat Gas -1 to 108
Crude oil is trading down $0.52 or -0.77% at $66.94. For the trading week, they prices up 2.95%. For the year, the price is down -6.78%.
The low price today reached a $67.54. It was still above the 50% midpoint of the move up from the April low at $66.33. The 200 hour moving average is just below that level at $66.30.
This article was written by Greg Michalowski at www.forexlive.com.