21 March 2025 | Gas | Oil

United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 592 to 593

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: an increase of the indicator value may contribute to the fall in quotes of NG, WTI, Brent.

Marketcheese MarketCheese
Period: 01.03.2026 Expectation: 7500 pips
Investing in silver with $86 in sight
Yesterday at 11:08 AM 23
Brent sell
Period: 28.02.2026 Expectation: 90 pips
Brent crude selloff with $71.30 target
Yesterday at 09:54 AM 26
Brent sell
Period: 28.02.2026 Expectation: 550 pips
Brent crude is vulnerable to steep pullback on geopolitical de-escalation
Yesterday at 08:59 AM 22
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 28.02.2026 Expectation: 1120 pips
Temporary surge in oil prices won’t stop AUDCAD’s long-term ascent
Yesterday at 08:17 AM 14
Period: 31.03.2026 Expectation: 900 pips
Investing in USDCAD when American GDP beats forecasts
Yesterday at 06:04 AM 13
Brent sell
Period: 30.04.2026 Expectation: 200 pips
Selling Brent crude as it climbs to $73.0
Yesterday at 04:23 AM 14
Go to forecasts