8 August 2025 | Oil

United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 410 to 411

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
Brent sell
Period: 12.03.2026 Expectation: 550 pips
Short-term Brent selloff amid de-escalating Middle East tensions
Today at 07:07 AM
Period: 17.03.2026 Expectation: 860 pips
AUDUSD stands firm as Middle East ceasefire hopes build
Today at 06:38 AM 7
Period: 20.03.2026 Expectation: 1200 pips
Selling silver with $72 in sight
06 March 2026 66
Period: 31.05.2026 Expectation: 500 pips
EURUSD selloff targets 1.11000
06 March 2026 50
Period: 13.03.2026 Expectation: 1560 pips
GBPUSD eyes key resistance before resuming downtrend
06 March 2026 48
Period: 30.06.2026 Expectation: 14400 pips
Selling silver amid declining production in US and Europe
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