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14 March 2025 | Oil

United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 486 to 487

Brent
WTI Light Crude Oil

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

The 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 expected volume of oil supply and future demand for oil products.

Comments by the MarketCheese analysts: an increase of the indicator value may contribute to the fall in quotes of WTI, Brent.

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Forecasts

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Period: 31.03.2026 Expectation: 1300 pips
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BTCUSD buy
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Brent sell
Period: 31.08.2026 Expectation: 2000 pips
Brent selloff targets $80.0
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USDCAD sell
Period: 31.03.2026 Expectation: 350 pips
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EURUSD sell
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Today at 03:58 AM 12
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