11 April 2025 | Oil

United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 489 to 480

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: a decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.

Marketcheese MarketCheese
Gold sell
Period: 31.10.2026 Expectation: 3000 pips
Gold sell-off targets $4,000
Yesterday at 08:04 AM 12
Period: 30.11.2026 Expectation: 5700 pips
Selling USDJPY down to 150.00
Yesterday at 08:04 AM 12
Period: 30.09.2026 Expectation: 1500 pips
Invest in GBPUSD up to 1.36270
17 September 2026 25
Period: 15.10.2026 Expectation: 1000 pips
Selling SPX down to $7,490
16 September 2026 29
Brent sell
Period: 15.10.2026 Expectation: 800 pips
Brent crude sell-off targets $95.80
16 September 2026 27
Gold sell
Period: 31.10.2026 Expectation: 18000 pips
Go short on gold upon breaking $4,300
15 September 2026 49
Go to forecasts