Main Quotes Calendar Forum
flag

FX.co ★ U.S. Rig Count Rises: Baker Hughes Data Shows 7-Rig Increase in July

back back next
typeContent_19130:::2025-07-18T17:00:00

U.S. Rig Count Rises: Baker Hughes Data Shows 7-Rig Increase in July

In a development that underscores the gradual recovery and expansion in the oil industry, the Baker Hughes Total Rig Count in the United States saw a notable increase as of July 18, 2025. The latest update indicates that the number of operational rigs has risen from 537 to 544, marking a 7-rig increase.

This uptick may signal a response to evolving market demands and possibly improving economic conditions that encourage enhanced exploration and production activities within the oil sector. The increase reflects the industry's resilience and adaptability in the face of ongoing global economic challenges.

Analysts will undoubtedly keep a close eye on how this increase will affect oil production levels and market prices in the short term, and whether this trend will continue in the months to follow. As the market adjusts to new dynamics, stakeholders remain cautiously optimistic about sustained growth and stability in the U.S. energy sector.

Share this article:
back back next
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...