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14 March | Gas | Oil

United States. U.S. Baker Hughes Total Rig Count. The value of the indicator remained at the same level of 592

Brent
WTI Light Crude Oil
Natural gas

A report on this calendar event is released weekly by the Baker Hughes.

The total number of drilling rigs is one of the important indicators in the oil production sector.

Active drilling platforms in the USA reflect the current potential of the hydrocarbon production sector.

The number of active platforms may indicate the expected volume of oil supply and future demand for oil products.

Comments by the MarketCheese analysts: no change of the indicator value may reduce the volatility of the related markets.

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