Baker Hughes reports U.S rig count up 2 from last week to 662

Baker Hughes reported the U.S. rig count is up two from last week to 622 with oil rigs up 2 to 500, gas rigs unchanged at 120 and miscellaneous rigs unchanged at two. The U.S. rig count is down 157 rigs from last year’s count of 779 with oil rigs down 121, gas rigs down 36 and miscellaneous unchanged at two. The U.S. offshore rig Count is up one to 20, up five year-over-year.