Baker Hughes rig count -5 at 588

The weekly Baker Hughes rig count shows: Crude oil rigs -3 at 452 Natural Gas rigs -1 at 127 Total rigs -5 at 588 For the year: Oil was 412 Natural Gas was at 122 Total rigs was at 539. Crude oil is trading at $87. That's up $0.17 on the day. For the trading week, the price is up $4.60. Looking at the daily chart, the high-priced today reached $87.51. That is just below the 100 day moving average…