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: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
30 October 2026 73
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
30 October 2026 95
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
29 October 2026 71
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
29 October 2026 74
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 99
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 114
Go to forecasts