Total number of oil rigs in the U.S. for the week ending April 25

Famous oil service company Baker Hughes announced the Total number of oil rigs in the U.S. for the week ending April 25 on 2025-04-25. The reported figure stands at 483Mouth, with the prior figure recorded as 481Mouth.

Regarding the Total number of oil rigs in the U.S. for the week ending April 25, Data <expected, bullish for crude oil prices, usually bullish for the US dollar, The changes in the number of oil drilling rigs across various regions in North America were measured weekly. The variation in the number of oil drilling rigs affects the market's reaction to global crude oil supply conditions; if the number of oil drilling rigs increases, it will raise concerns about an oversupply in the market, leading to a drop in oil prices; conversely, 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 compiled weekly by Baker Hughes, and updates Announced every Saturday. The next release is set for 2025-05-03 01:00:00.

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