Baker Hughes weekly rig count data shows:Total rigs 548 vs 543 lastOil rigs 411 vs 409 last weekNat Gas 430 vs 427 last week. The price of crude oil is trading at $110.75. That's up $10.60. The gain today is the highest since March 6. The high price reached $113.97. The high price from March 9 reached $119.48 This article was written by Greg Michalowski at investinglive.com.