Total number of oil rigs in the U.S. for the week ending June 20

Famous oil service company Baker Hughes announced the Total number of oil rigs in the U.S. for the week ending June 20 on 2025-06-20. The reported figure stands at 438Mouth, with the prior figure recorded as 439Mouth.

Regarding the Total number of oil rigs in the U.S. for the week ending June 20, Data < expectations are positive for oil prices, usually positive for the US dollar, The change in the number of oil drilling rigs in various regions of North America is measured weekly. The variation in the number of oil drilling rigs affects the market's response to global crude oil supply conditions. If the number of oil drilling rigs increases, it raises market concerns about a surplus in supply, leading to a drop in oil prices; conversely, if the number decreases, oil prices will rise.

This data holds an importance level of , calculated using Statistics on oil drilling activities in the United States and Canada are conducted weekly by Baker Hughes, and updates Announced every Saturday. The next release is set for 2025-06-28 01:00:00.

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