Total number of oil rigs in the U.S. for the week ending August 8
Famous oil service company Baker Hughes announced the Total number of oil rigs in the U.S. for the week ending August 8 on 2025-08-08.
Regarding the Total number of oil rigs in the U.S. for the week ending August 8, Data <expected, favorable for oil prices, usually favorable for the US dollar, Measured the changes in the number of oil drilling rigs in various regions of North America on a weekly basis. 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 in the market about oversupply, leading to a decrease in oil prices; conversely, if it 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 compiled weekly by Baker Hughes, and updates Announced every Saturday. The next release is set for 2025-08-16 01:00:00.
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