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U.S. Baker Hughes Oil Rig Count

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U.S. Baker Hughes Oil Rig Count

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Status

 
Latest Release
Dec 14, 2018
Actual
873
Previous
877
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.
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Country:
Currency: USD
Source: Baker Hughes
U.S. Baker Hughes Oil Rig Count
 
Release Date Time Actual Forecast Previous
Dec 21, 2018 13:00     873
Dec 14, 2018 13:00 873   877
Dec 07, 2018 13:00 877   887
Nov 30, 2018 13:00 887   885
Nov 21, 2018 13:00 885   888
Nov 16, 2018 13:00 888   886

News

Oil Prices Tick Higher to Start the Week
Oil Prices Tick Higher to Start the Week By Investing.com - Dec 17, 2018 1

Investing.com - Oil prices ticked higher on Monday, staging a modest rebound after falling by more than 2% in the prior session amid indications that U.S. drilling activity fell to its lowest level in...

Crude Oil Prices - Weekly Outlook: December 17 - 21
Crude Oil Prices - Weekly Outlook: December 17 - 21 By Investing.com - Dec 16, 2018 8

Investing.com - Oil traders will stay fixated on global growth prospects in the week ahead, after prices got hammered last week by worries that the ongoing U.S.-China trade dispute will drag on global...

Oil Prices Fall as Weak Chinese Data, Profit-Taking Weigh
Oil Prices Fall as Weak Chinese Data, Profit-Taking Weigh By Investing.com - Dec 14, 2018

Investing.com - Oil prices fell on Friday as signs of slowing growth in China dampened hopes for demand and investors opted to take profits after a surge a day earlier. New York-traded West Texas...

Analysis

Phil Flynn
The Energy Report December 17 By Phil Flynn - Dec 17, 2018 1

Oil is still trying to find a bottom as macroeconomic fears are outweighing common sense. The sharp break in oil prices has caused a drop in the U.S. rig count and we should see another substantial...

Elizaveta Belugina
Did OPEC Stop Oil From Falling? By Elizaveta Belugina - Dec 10, 2018 1

During the last 2 months, oil had wiped out about half of the gains it had made during the last 2 years. Trading has been extremely volatile. Will the situation change or should we expect further...

U.S. Baker Hughes Oil Rig Count Discussion

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All Comments (30)
Matt HH
Matt HH Jun 29, 2018 11:53AM ET
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where can i see the oil rig count?
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Enrico Delfini
Enrico Delfini Jun 29, 2018 11:53AM ET
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Salman Khan
Salman Khan Apr 06, 2018 1:02PM ET
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cmon ***
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Max Tor
Max Tor Jan 05, 2018 2:12PM ET
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how does this affect the dollar
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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.
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Max Tor
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 .... ???
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Darryl Parvin
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.
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Chuck Isbell
ChipVa Sep 01, 2017 1:06PM ET
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not meaningful....no one is at work
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Sep 30, 2016 12:00PM ET
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high likely to go down reaching point 1.12000 no less
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Julián Diaz
Julián Diaz Jul 22, 2016 1:17PM ET
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Baker hughes oil rigs rise 14 to 371 vs last week
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Rou Ssel
Rou Ssel Jul 22, 2016 1:17PM ET
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where says?.
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MOHIT VAJPAYEE
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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