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2 July | Oil

United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 440 to 445

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. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 99.1K to 100.3K
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United States. U.S. Baker Hughes Total Rig Count. The value of the indicator remained at the same level of 603
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United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 462 to 459
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United States. OPEC Crude oil Production Saudi Arabia (Barrel). The value of the indicator has increased from 7M to 8.2M
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United States. Crude Oil Inventories. The value of the indicator has decreased from -3.186M to -8.557M
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European Union. Trade Balance. The value of the indicator has decreased from 10.7B to -16.1B
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European Union. CPI (MoM). The value of the indicator remained at the same level of 0.6%
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United States. Retail Sales (MoM). The value of the indicator has decreased from 1.3% to 0.8%
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United States. CPI (YoY). The value of the indicator has increased from 3.4% to 3.7%
14 October
United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
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