Free Trial

US Rig Count Down 2 on Week to 616: Baker Hughes

OIL

US total oil and gas rig counts fell by two on the week to 616 rigs, according to Baker Hughes Rotaty Rig Count data, the lowest weekly level since Feb. 4 2022.

  • US oil rig count was 2 two to 494.
  • US gas rig counts were unchanged at 118.
  • US offshore rig count was down 2 to 19.
  • Canadian rig count rose 3 to 199.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.