Breaking News

U.S. Baker Hughes Oil Rig Count

Latest Release

Dec 20, 2024

Actual

483

482

Importance:

Country:

Currency: USD

Source: Baker Hughes

Release Date	Time	Actual	Forecast	Previous
Dec 27, 2024	18:00
Dec 20, 2024	18:00	483		482
Dec 13, 2024	18:00	482		482
Dec 06, 2024	18:00	482	478	477
Nov 27, 2024	18:00	477		479
Nov 22, 2024	18:00	479		478

News

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024

Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders assessed the impact of Hurricane Milton on U.S. oil production and ongoing tensions in the Middle...

Oil prices settle lower but notch fourth-weekly gain on demand optimism By Investing.com - Jul 05, 2024

Investing.com -- Oil prices notched a fourth-weekly despite settling lower Friday, as traders cheered signs earlier this week that usual pick in summer energy demand is underway at time when...

Oil prices edged higher on optimism over summer demand; dollar weighs By Investing.com - Jun 24, 2024

Investing.com-- Oil prices edged higher Monday, boosted by hopes the summer driving season will boost demand, particularly in the important U.S. market. At 08:25 ET (12:25 GMT), Brent oil futures rose...

Analysis

Crude Oil: Critical $67 Support Under Threat Amid China Slowdown, Rising US Output By Damian Nowiszewski - Dec 11, 2024 1

WTI crude teeters near a critical support level. Weak Chinese demand and rising U.S. output weigh heavily on prices. OPEC+ measures face growing pressure to counter bearish momentum. Discover the...

Oil: Bull Case Limited in Near Term, OPEC Scaremongering Infinite By Barani Krishnan - Oct 13, 2023 1

New China data brings back old worry about economy in top oil importer 2024 oil demand likely lower than thought, says IEA, disputing OPEC’s outlook Iran sanctions enforcement likely tough on...

Oil: It’s Not Just US Output That’s Ramping — It’s Exports, Too By Barani Krishnan - Aug 26, 2023

Traders question the sudden surge in U.S. oil production reported by the EIA. The EIA's revised reporting method has raised production estimates, challenging industry expectations. U.S. oil exports...

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