The latest data from Baker Hughes reveals a decrease in the U.S. oil and total rig counts. As of May 3, 2024, the total number of rigs is reported at 605, down from 613 the previous week. Specifically, the number of oil rigs has decreased to 499 from 506. Additionally, the count of rotary gas rigs also fell to 102 from 105.
Baker Hughes Rig Count Oil -7 Gas -3 Misc. +2 @JuliOnTwtr
🇺🇸 United States U.S. Baker Hughes Total Rig Count $USD Actual: 605 Previous: 613
US oil rigs -7 to 499 Baker Hughes #oott
🇺🇸 United States U.S. Baker Hughes Oil Rig Count $USD Actual: 499 Previous: 506
U.S. BAKER HUGHES TOTAL RIG COUNT ACTUAL: 605 VS 613 PREVIOUS U.S. BAKER HUGHES OIL RIG COUNT ACTUAL: 499 VS 506 PREVIOUS
#OOTT | US Baker Hughes Rig Count 03-May: 605 (prev 613) - Rotary Gas Rigs: 102 (prev 105) - Rotary Oil Rigs: 499 (prev 506)
US BAKER HUGHES OIL RIG COUNT ACTUAL 499 (FORECAST -, PREVIOUS 506) $MACRO
US BAKER HUGHES TOTAL RIG COUNT ACTUAL 605 (FORECAST -, PREVIOUS 613) $MACRO
Short oil and gas. #oott $xle $ung #natgas $boil https://t.co/UHK9DDk6kJ