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
Period: 28.05.2026 Expectation: 2500 pips
USDJPY sell-off targets 156.50 amid weakening upward momentum
Yesterday at 10:19 AM 24
Period: 28.05.2026 Expectation: 70 pips
Buying SPX up to $7,500
Yesterday at 09:19 AM 32
Gold buy
Period: 30.06.2026 Expectation: 1100 pips
Invest in gold on market optimism
Yesterday at 08:52 AM 44
Period: 30.06.2026 Expectation: 650 pips
Selling AUDUSD upon breaching 0.7100
Yesterday at 08:52 AM 18
Period: 21.06.2026 Expectation: 14600 pips
Selling ETHUSD down to $2,000
Yesterday at 08:40 AM 16
Gold buy
Period: 28.05.2026 Expectation: 14000 pips
Buy gold with $4,680 in sight as oil finds its footing
Yesterday at 05:55 AM 19
Go to forecasts