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US Total number of wells drilled in the week (rigs)(to 0801)
Release frequency:WeekImportance:
Publish time
2025-08-02 01:00:00
Actual
540
Previous
542
Previous (Before Revision)
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Forecast
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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
No data