Baker Hughes US Oil Rig Count

The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons. This particular case represents the number of rigs drilling exclusively for oil.

Most recent - Friday 6 December 2024 18:00

Previous
477
Forecast
478
Actual
482

Next event - Friday 13 December 2024 18:00

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Baker Hughes US Oil Rig Count yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Baker Hughes US Oil Rig Count was 482 against a forecast of 478.

Past events

Date
Forecast
Actual
Friday 6 December 2024 18:00
478
482
Wednesday 27 November 2024 18:00
-
477
Friday 22 November 2024 18:00
-
479
Friday 15 November 2024 18:00
-
478
Friday 8 November 2024 18:00
-
479
Friday 1 November 2024 17:00
479
479
Friday 25 October 2024 17:00
482
480
Friday 18 October 2024 17:00
-
482
Friday 11 October 2024 17:00
-
481
Friday 4 October 2024 17:00
484
479
Friday 27 September 2024 17:00
-
484
Friday 20 September 2024 17:00
-
488
Friday 13 September 2024 17:00
-
485
Friday 6 September 2024 17:00
-
483
Friday 30 August 2024 17:00
-
483
Friday 23 August 2024 17:00
-
483
Friday 16 August 2024 17:00
-
483
Friday 9 August 2024 17:00
-
485
Friday 2 August 2024 17:00
-
482
Friday 26 July 2024 17:00
-
482
Friday 19 July 2024 17:00
-
477
Friday 12 July 2024 17:00
-
478
Friday 5 July 2024 17:00
-
479
Friday 28 June 2024 17:00
-
479
Friday 21 June 2024 17:00
-
485
Friday 14 June 2024 17:00
-
488
Friday 7 June 2024 17:00
-
492
Friday 31 May 2024 17:00
-
496
Friday 24 May 2024 17:00
-
497
Friday 17 May 2024 17:00
-
497
Friday 10 May 2024 17:00
-
496
Friday 3 May 2024 17:00
-
499
Friday 26 April 2024 17:00
-
506
Friday 19 April 2024 17:00
-
511
Friday 12 April 2024 17:00
-
506
Friday 5 April 2024 17:00
-
508
Thursday 28 March 2024 17:00
-
506
Friday 22 March 2024 17:00
-
509
Friday 15 March 2024 17:00
-
510
Friday 8 March 2024 18:00
-
504
Friday 1 March 2024 18:00
-
506
Friday 23 February 2024 18:00
-
503
Friday 16 February 2024 18:00
-
497
Friday 9 February 2024 18:00
-
499
Friday 2 February 2024 18:00
-
499
Friday 26 January 2024 18:00
-
499
Friday 19 January 2024 18:00
-
497
Friday 12 January 2024 18:00
-
499
Friday 5 January 2024 18:00
-
501
Friday 29 December 2023 18:00
-
500
Friday 22 December 2023 18:00
-
498
Friday 15 December 2023 18:00
-
501
Friday 8 December 2023 18:00
-
503
Friday 1 December 2023 18:00
-
505
Wednesday 22 November 2023 18:00
-
500
Friday 17 November 2023 18:00
-
500
Friday 10 November 2023 18:00
-
494
Friday 3 November 2023 17:00
-
496
Friday 27 October 2023 17:00
-
504
Friday 20 October 2023 17:00
-
502
Friday 13 October 2023 17:00
-
501
Friday 6 October 2023 17:00
-
497
Friday 29 September 2023 17:00
-
502
Friday 22 September 2023 17:00
-
507
Friday 15 September 2023 17:00
-
515
Friday 8 September 2023 17:00
-
513
Friday 1 September 2023 17:00
-
512
Friday 25 August 2023 17:00
-
512
Friday 18 August 2023 17:00
-
520
Friday 11 August 2023 17:00
-
525
Friday 4 August 2023 17:00
-
525
Friday 28 July 2023 17:00
-
529
Friday 21 July 2023 17:00
-
530
Friday 14 July 2023 17:00
-
537
Friday 7 July 2023 17:00
-
540
Friday 30 June 2023 17:00
-
545
Friday 23 June 2023 17:00
-
546
Friday 16 June 2023 17:00
-
552
Friday 9 June 2023 17:00
-
556
Friday 2 June 2023 17:00
-
555
Friday 26 May 2023 17:00
-
570
Friday 19 May 2023 17:00
-
575
Friday 12 May 2023 17:00
-
586
Friday 5 May 2023 17:00
-
588
Friday 28 April 2023 17:00
-
591
Friday 21 April 2023 17:00
-
591
Friday 14 April 2023 17:00
-
588
Thursday 6 April 2023 17:00
-
590
Friday 31 March 2023 17:00
-
592
Friday 24 March 2023 17:00
-
593
Friday 17 March 2023 17:00
-
589
Friday 10 March 2023 18:00
-
590
Friday 3 March 2023 18:00
-
592
Friday 24 February 2023 18:00
-
600
Friday 17 February 2023 18:00
-
607
Friday 10 February 2023 18:00
-
609
Friday 3 February 2023 18:00
-
599
Friday 27 January 2023 18:00
-
609
Friday 20 January 2023 18:00
-
613
Friday 13 January 2023 18:00
-
623
Friday 6 January 2023 18:00
-
618
Friday 30 December 2022 18:00
-
621
Friday 23 December 2022 18:00
-
622
Friday 16 December 2022 18:00
-
620
Friday 9 December 2022 18:00
-
625
Friday 2 December 2022 18:00
-
627
Wednesday 23 November 2022 18:00
-
627
Friday 18 November 2022 18:00
-
623
Friday 11 November 2022 18:00
-
622
Friday 4 November 2022 17:00
-
613
Friday 28 October 2022 17:00
-
610
Friday 21 October 2022 17:00
-
612
Friday 14 October 2022 17:00
-
610
Friday 7 October 2022 17:00
-
602
Friday 30 September 2022 17:00
-
604
Friday 23 September 2022 17:00
-
602
Friday 16 September 2022 17:00
-
599
Friday 9 September 2022 17:00
-
591
Friday 2 September 2022 17:00
-
596
Friday 26 August 2022 17:00
-
605
Friday 19 August 2022 17:00
-
601
Friday 12 August 2022 17:00
-
601
Friday 5 August 2022 17:00
-
598
Friday 29 July 2022 17:00
-
605
Friday 22 July 2022 17:00
-
599
Friday 15 July 2022 17:00
-
599
Friday 8 July 2022 17:00
-
597
Friday 1 July 2022 17:00
-
595
Friday 24 June 2022 17:00
-
594
Friday 17 June 2022 17:00
-
584
Friday 10 June 2022 17:00
-
580
Friday 3 June 2022 17:00
-
574
Friday 27 May 2022 17:00
-
574
Friday 20 May 2022 17:00
-
576
Friday 13 May 2022 17:00
-
563
Friday 6 May 2022 17:00
-
557
Friday 29 April 2022 17:00
-
552
Friday 22 April 2022 17:00
-
549
Thursday 14 April 2022 17:00
-
548
Friday 8 April 2022 17:00
-
546
Friday 1 April 2022 17:00
-
533
Friday 25 March 2022 17:00
-
531
Friday 18 March 2022 17:00
-
524
Friday 11 March 2022 18:00
-
527
Friday 4 March 2022 18:00
-
519
Friday 25 February 2022 18:00
-
522
Friday 18 February 2022 18:00
-
520
Friday 11 February 2022 18:00
-
516
Friday 4 February 2022 18:00
-
497
Friday 28 January 2022 18:00
-
495
Friday 21 January 2022 18:00
-
491
Friday 14 January 2022 18:00
-
492
Friday 7 January 2022 18:00
-
481
Friday 31 December 2021 18:00
-
480
Thursday 23 December 2021 18:00
-
480
Friday 17 December 2021 18:00
-
475
Friday 10 December 2021 18:00
-
471

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Baker Hughes US Oil Rig Count result:

PreviousLatest
Michigan Consumer Sentiment IndexBullish change71.874
UoM 5-year Consumer Inflation ExpectationBearish change3.2%3.1%
Average Hourly Earnings (MoM)(no change)0.4%0.4%
Average Hourly Earnings (YoY)(no change)4%4%
Labor Force Participation RateBearish change62.6%62.5%
Nonfarm PayrollsBullish change36K227K
U6 Underemployment RateBearish change7.7%7.8%
Unemployment RateBearish change4.1%4.2%
Initial Jobless ClaimsBearish change215K224K
Challenger Job CutsBullish change55.597K57.727K
Factory Orders (MoM)Bullish change-0.2%0.2%
ISM Services Employment IndexBearish change5351.5
ISM Services New Orders IndexBearish change57.453.7
ISM Services PMIBearish change5652.1
ISM Services Prices PaidBullish change58.158.2
S&P Global Composite PMIBearish change55.354.9
ADP Employment ChangeBearish change184K146K
JOLTS Job OpeningsBullish change7.372M7.744M
ISM Manufacturing Employment IndexBullish change44.448.1
ISM Manufacturing New Orders IndexBullish change47.150.4
ISM Manufacturing PMIBullish change46.548.4
ISM Manufacturing Prices PaidBearish change54.850.3
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.7%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.1%2.3%
Personal Income (MoM)Bullish change0.3%0.6%
Personal SpendingBearish change0.6%0.4%
Pending Home Sales (MoM)Bearish change7.5%2%
Chicago Purchasing Managers' IndexBearish change41.640.2
Core Personal Consumption Expenditures (QoQ)Bearish change2.2%2.1%
Durable Goods OrdersBullish change-0.4%0.2%
Durable Goods Orders ex DefenseBullish change-0.9%0.4%
Durable Goods Orders ex TransportationBearish change0.4%0.1%
Gross Domestic Product Annualized(no change)2.8%2.8%
Gross Domestic Product Price IndexBullish change1.8%1.9%
Nondefense Capital Goods Orders ex AircraftBearish change0.3%-0.2%
Personal Consumption Expenditures Prices (QoQ)(no change)1.5%1.5%
Initial Jobless ClaimsBullish change215K213K
New Home Sales Change (MoM)Bearish change7%-17.3%
Housing Price Index (MoM)Bullish change0.4%0.7%

About Baker Hughes US Oil Rig Count

Country:United States
Currency:USD
Source:Baker Hughes
Category:Energy
Frequency:Irregular

Related events

United States
OPEC Meeting
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