8 August | Gas | Oil

United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 540 to 539

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.

A decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.

Marketcheese MarketCheese
Brent sell
Period: 15.08.2025 Expectation: 435 pips
Selling Brent on eased geopolitical tensions and crude oversupply
08 August 2025 68
Period: 22.08.2025 Expectation: 2000 pips
GBPUSD rally faces major obstacles
08 August 2025 38
Period: 15.08.2025 Expectation: 1000 pips
Buying SPX on back of ongoing US stock market recovery
08 August 2025 50
Gold sell
Period: 22.08.2025 Expectation: 8500 pips
Selling gold from technical resistance with $3,335 target
08 August 2025 53
Period: 15.08.2025 Expectation: 960 pips
Selling AUDCAD is underway amid bearish pressure
08 August 2025 28
Period: 14.08.2025 Expectation: 2300 pips
Selling USDJPY with 144.750 target amid persistent bearish pressure and weak support
07 August 2025 71
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