9 May 2025 | Gas | Oil

United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 584 to 578

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

The total rig count is one of the important indicators in the oil production sector.

Active drilling platforms in the US reflect the current potential of the hydrocarbon production sector.

The number of active rigs may indicate the expected volume of oil supply and future demand for petroleum products.

Comments by the MarketCheese analysts: a decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.

Marketcheese MarketCheese
Period: 31.10.2026 Expectation: 1700 pips
Selling EURUSD on fundamentally strong dollar
Yesterday at 10:00 AM 19
Gold sell
Period: 31.10.2026 Expectation: 4000 pips
Go short on gold with $4,300 in mind
24 September 2026 36
Period: 31.10.2026 Expectation: 100 pips
Buy Brent crude upon breaking $104.60
24 September 2026 33
Period: 02.11.2026 Expectation: 1700 pips
GBPUSD sell-off targets 1.3200
22 September 2026 46
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
21 September 2026 49
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
21 September 2026 42
Go to forecasts