Baker Hughes total rig count rises by +3 to 551

Investinglive
2026.05.15 17:15
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Baker Hughes reports a total rig count increase of 3 to 551, though this is down 25 from last year. Despite the lower rig count, oil extraction may not be affected. Additionally, crude oil prices rose by 6.10% or $5.77 for the July contract this week.