2 May | Oil

United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 483 to 479

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: 05.12.2025 Expectation: 30000 pips
Chances for ETHUSD rebound increase near $2,700
Yesterday at 12:27 PM 27
Period: 27.11.2025 Expectation: 437 pips
Buying natural gas amid seasonal demand peak
Yesterday at 10:50 AM 28
Brent sell
Period: 15.12.2025 Expectation: 150 pips
Selling Brent from resistance at $64.4
Yesterday at 07:40 AM 26
Period: 27.11.2025 Expectation: 270 pips
Buying USDJPY amid fiscal risks and weaker yen
Yesterday at 06:46 AM 37
Period: 25.11.2025 Expectation: 1200 pips
NVIDIA’s quarterly report may send its shares down to $170
19 November 2025 59
Period: 26.11.2025 Expectation: 1050 pips
USDCAD hovers near lower boundary of ascending channel
19 November 2025 39
Go to forecasts