Today at 5:03 PM | Gas | Oil

United States. U.S. Baker Hughes Total Rig Count. The value of the indicator remained at the same level of 549

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.

No change of the indicator value may reduce the volatility of the related markets.

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