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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 3 May 2024 17:00

Previous
506
Actual
499

Next event - Friday 10 May 2024 17:00

Previous
-
Actual
-

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

Trading range

Announcement history

The most recent announced value for Baker Hughes US Oil Rig Count was 499.

Past events

Date
Actual
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
Friday 3 December 2021 18:00
467
Wednesday 24 November 2021 18:00
467
Friday 19 November 2021 18:00
461
Friday 12 November 2021 17:00
454
Friday 5 November 2021 17:00
450
Friday 29 October 2021 17:00
444
Friday 22 October 2021 17:00
443
Friday 15 October 2021 17:00
445
Friday 8 October 2021 17:00
433
Friday 1 October 2021 17:00
428
Friday 24 September 2021 17:00
421
Friday 17 September 2021 17:00
411
Friday 10 September 2021 17:00
401
Friday 3 September 2021 17:00
394
Friday 27 August 2021 17:00
410
Friday 20 August 2021 17:00
405
Friday 13 August 2021 17:00
397
Friday 6 August 2021 17:00
387
Friday 30 July 2021 17:00
385
Friday 23 July 2021 17:00
387
Friday 16 July 2021 17:00
380
Friday 9 July 2021 17:00
378
Friday 2 July 2021 17:00
376
Friday 25 June 2021 17:00
372
Friday 18 June 2021 17:00
373
Friday 11 June 2021 17:00
365
Friday 4 June 2021 17:00
359
Friday 28 May 2021 17:00
359
Friday 21 May 2021 17:00
356
Friday 14 May 2021 17:00
352

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
ISM Services Employment IndexBearish change48.545.9
ISM Services New Orders IndexBearish change54.452.2
ISM Services PMIBearish change51.449.4
ISM Services Prices PaidBullish change53.459.2
S&P Global Composite PMIBullish change50.951.3
Average Hourly Earnings (MoM)Bearish change0.3%0.2%
Average Hourly Earnings (YoY)Bearish change4.1%3.9%
Labor Force Participation Rate(no change)62.7%62.7%
Nonfarm PayrollsBearish change315K175K
U6 Underemployment RateBearish change7.3%7.4%
Unemployment RateBearish change3.8%3.9%
Factory Orders (MoM)Bullish change1.2%1.6%
Initial Jobless Claims(no change)208K208K
Nonfarm ProductivityBearish change3.5%0.3%
Unit Labor CostsBullish change0%4.7%
Challenger Job CutsBearish change90.309K64.789K
Fed Interest Rate Decision(no change)5.5%5.5%
ISM Manufacturing Employment IndexBullish change47.448.6
ISM Manufacturing New Orders IndexBearish change51.449.1
ISM Manufacturing PMIBearish change50.349.2
ISM Manufacturing Prices PaidBullish change55.860.9
JOLTS Job OpeningsBearish change8.813M8.488M
ADP Employment ChangeBearish change208K192K
Chicago Purchasing Managers' IndexBearish change41.437.9
Housing Price Index (MoM)Bullish change-0.1%1.2%
Employment Cost IndexBullish change0.9%1.2%
Michigan Consumer Sentiment IndexBearish change77.977.2
UoM 5-year Consumer Inflation Expectation(no change)3%3%
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)2.8%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.5%2.7%
Personal Income (MoM)Bullish change0.3%0.5%
Personal Spending(no change)0.8%0.8%
Pending Home Sales (MoM)Bullish change1.6%3.4%
Core Personal Consumption Expenditures (QoQ)Bullish change2%3.7%
Gross Domestic Product AnnualizedBearish change3.4%1.6%
Gross Domestic Product Price IndexBullish change1.7%3.1%
Initial Jobless ClaimsBullish change212K207K
Personal Consumption Expenditures Prices (QoQ)Bullish change1.8%3.4%
Durable Goods OrdersBullish change0.7%2.6%
Durable Goods Orders ex DefenseBullish change1.5%2.3%
Durable Goods Orders ex TransportationBullish change0.1%0.2%
Nondefense Capital Goods Orders ex AircraftBearish change0.4%0.2%
New Home Sales Change (MoM)Bullish change-5.1%8.8%
S&P Global Composite PMIBearish change52.150.9
S&P Global Manufacturing PMIBearish change51.949.9
S&P Global Services PMIBearish change51.750.9

About Baker Hughes US Oil Rig Count

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

Related events

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