Breaking News

U.S. Baker Hughes Oil Rig Count

Latest Release

Oct 19, 2018

Actual

873

869

The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.

Importance:

Country:

Currency: USD

Source: Baker Hughes

Release Date	Time	Actual	Previous
Oct 26, 2018	13:00		873
Oct 19, 2018	13:00	873	869
Oct 12, 2018	13:00	869	861
Oct 05, 2018	13:00	861	863
Sep 28, 2018	13:00	863	866
Sep 21, 2018	13:00	866	867

News

Oil Edges up; U.S. Crude Seen Below $65 Despite Iran, Saudi Crises By Investing.com - 20 hours ago

Investing.com - Oil prices settled up on Monday but some traders said they did not believe Impending Iranian sanctions and Saudi-West tensions will stop crude from sliding below $65 a barrel. A...

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Oil Prices Rise Ahead of Rig Count, WTI Set for Weekly Drop on Supply Concerns By Investing.com - Oct 19, 2018

Investing.com - Oil prices bounced higher on Friday after two sessions of sharp declines sparked by a large build in U.S. crude inventories, while investors looked ahead to the latest reading on U.S....

Analysis

Oil And Copper: A Tale Of Two Diverging Commodities Thanks To Trump By Barani Krishnan/Investing.com - 7 hours ago

Logically, as the world’s leading industrial commodities, the stars of oil and copper should rise and fall together. Yet their prices have been following separate trajectories this year, with US...

Commodities Week Ahead: Oil Set For A ‘Saudi Premium’? Gold Rally Seen By Barani Krishnan/Investing.com - Oct 22, 2018

An important driver in commodity markets this week is what geopolitical premium to attach to oil from the Saudi Kingdom's alleged complicity in the murder of journalist Jamal Khashoggi. Historical...

Have Investors Reached An Inflection Point? By Marc Chandler - Oct 08, 2018

Interest rates, led by the US, have accelerated to the upside. With price pressures generally rising and oil prices at four-year highs, it is understandable. Market participants need to see the...

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All Comments (29)

Matt HH Jun 29, 2018 11:53AM ET

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where can i see the oil rig count?

1 0

Salman Khan Apr 06, 2018 1:02PM ET

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cmon ***

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Max Tor Jan 05, 2018 2:12PM ET

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how does this affect the dollar

0 1

Nov 21, 2017 6:52PM ET

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This is a fake data.

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Nov 06, 2017 2:23AM ET

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I can not believe this announcement. r.Oil prices have risen, but Oil Rig Count has dropped significantly. r.It seems to be a manipulated figure. r.Audit progress is required.

0 1

Max Tor Nov 06, 2017 2:23AM ET

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i would think that is why prices have rose. Invers relationship prices /oil count rigs .... ???

2 0

Darryl Parvin Sep 07, 2017 9:26AM ET

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The number is bogus. No count was done due to hurricane. That's why it's the same as last week..Even without hurricane, number was probably going to fall slightly so next report will sow 2x decrease. Bet accordingly, gentlemen.

0 0

Chuck Isbell Sep 01, 2017 1:06PM ET

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not meaningful....no one is at work

0 0

Sep 30, 2016 12:00PM ET

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high likely to go down reaching point 1.12000 no less

0 0

Julián Diaz Jul 22, 2016 1:17PM ET

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Baker hughes oil rigs rise 14 to 371 vs last week

1 0

Rou Ssel Jul 22, 2016 1:17PM ET

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where says?.

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MOHIT VAJPAYEE Jun 10, 2016 4:05PM ET

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Natural Gas - numbers surprised yesterday. I will short it after next supply numbers..neutral right now but Oil definitely SHORT

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1D1W1M6M1Y5YMax

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		BTC/EUR
		DASH/USD

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	Interest Rates	Next Meeting
FED	2.25%	Nov 08, 2018
ECB	0.00%	Oct 25, 2018
BOE	0.75%	Nov 01, 2018
SNB	-0.75%	Dec 13, 2018
RBA	1.50%	Nov 06, 2018
BOC	1.50%	Oct 24, 2018
RBNZ	1.75%	Nov 07, 2018
BOJ	-0.10%	Oct 31, 2018
CBR	7.50%	Oct 26, 2018
RBI	6.50%	Dec 05, 2018
PBOC	4.35%
BCB	6.50%	Oct 31, 2018