Breaking News

U.S. Baker Hughes Oil Rig Count

Latest Release

Nov 27, 2024

Actual

477

479

Importance:

Country:

Currency: USD

Source: Baker Hughes

Release Date	Time	Actual	Forecast	Previous
Dec 07, 2024	05:00			477
Nov 28, 2024	05:00	477		479
Nov 23, 2024	05:00	479		478
Nov 16, 2024	05:00	478		479
Nov 09, 2024	05:00	479		479
Nov 02, 2024	04:00	479	479	480

News

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 12, 2024

Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders assessed the impact of Hurricane Milton on U.S. oil production and ongoing tensions in the Middle...

Oil prices settle lower but notch fourth-weekly gain on demand optimism By Investing.com - Jul 06, 2024

Investing.com -- Oil prices notched a fourth-weekly despite settling lower Friday, as traders cheered signs earlier this week that usual pick in summer energy demand is underway at time when...

Oil prices edged higher on optimism over summer demand; dollar weighs By Investing.com - Jun 24, 2024

Investing.com-- Oil prices edged higher Monday, boosted by hopes the summer driving season will boost demand, particularly in the important U.S. market. At 08:25 ET (12:25 GMT), Brent oil futures rose...

Analysis

Oil: Bull Case Limited in Near Term, OPEC Scaremongering Infinite By Barani Krishnan - Oct 13, 2023

New China data brings back old worry about economy in top oil importer 2024 oil demand likely lower than thought, says IEA, disputing OPEC’s outlook Iran sanctions enforcement likely tough on...

Oil: It’s Not Just U.S. Output That’s Ramping — It’s Exports Too By Barani Krishnan - Aug 26, 2023

Traders question the sudden surge in U.S. oil production reported by the EIA. The EIA's revised reporting method has raised production estimates, challenging industry expectations. U.S. oil exports...

Oil: Saudis Are Cutting? Well, U.S. Is Producing More and More By Barani Krishnan - Aug 19, 2023

U.S. crude production hits three-year highs for two weeks despite a 15% drop in drilling rigs. Improved production efficiency and technology advancements lead to higher output. Increasing U.S. crude...

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