US Total number of wells drilled in the week (rigs)(to 0801)
- Publish time
- 2025-08-02 01:00:00
- Actual
- 540
- Previous
- 542
- Previous (Before Revision)
- --
- Forecast
- --
- Impact
- Bearish for Crude Oil
- Date of data origin
- 2025-08-01
- Next publish time
- 2025-08-09 01:00:00
- Indicator explain
- Data in this report are collected weekly by Baker Hughes on oil drilling activities in the USA and Canada. transmutation in the Quantity of oil rigs affects the market's Reactions to the global crude oil supply situation. If the number of oil rigs increases, it will increase the market's concerns about oversupply, and oil prices will fall; otherwise, oil prices will rise.
- Frequency explain
- Weekly report, which publishes Data as of this Saturday every Saturday
- Data impact
- The actual value is greater than the expected valueBearish for Crude Oil;oppositeBearish for Crude Oil