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5 September | Oil

United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 412 to 414

Brent
WTI Light Crude Oil

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.

An increase of the indicator value may contribute to the fall in quotes of WTI, Brent.

Marketcheese MarketCheese

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United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator remained at the same level of 414
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United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 4%
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European Union. Retail Sales (MoM). The value of the indicator remained at the same level of -0.1%
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Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 3.6%
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United States. ISM Manufacturing PMI. The value of the indicator has decreased from 49.1 to 48.7
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European Union. Manufacturing PMI. The value of the indicator remained at the same level of 50
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