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18 September | Oil

United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 450 to 452

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.

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United States. Crude Oil Inventories. The value of the indicator has decreased from 0.922M to -3.186M
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United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
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European Union. Retail Sales (MoM). The value of the indicator has increased from -0.6% to 0.1%
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United States. Nonfarm Payrolls. The value of the indicator has decreased from 133K to 29K
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United States. Unemployment Rate. The value of the indicator has increased from 4.1% to 4.2%
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European Union. CPI (MoM). The value of the indicator has increased from 0.4% to 0.6%
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