Baker Hughes US Oil Rig Count: Insights and Trends

Friday, 22 March 2024, 17:13

In the latest Baker Hughes report, the US oil rig count decreased marginally. The total rig count also saw a slight decline, with oil and gas rigs showing a small decrease. Oil prices fell amid market fluctuations, indicating a potential adjustment in the energy sector.
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Baker Hughes US Oil Rig Count: Insights and Trends

Baker Hughes US Oil Rig Count Report

Total rig count: 624 vs 629 prior

  • Gas rigs -4
  • Oil rigs -1

Oil is down 51-cents to $80.56 today while natural gas is down 1%.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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