US Baker Hughes Oil Rig Count (Apr/17) 410
The latest Baker Hughes oil rig count reported a total of 410 rigs in operation, which could indicate a stable production outlook if it aligns or shows little change from prior counts.
IEA Birol says It will take about two years to recover the energy output lost in the Middle East from the conflict there, via Amena Bakr citing an interview with NZZ newspaper
Baker Hughes Rig Count: Oil -1 at 410, Nat Gas -2 at 125, Total -2 at 543
US Baker Hughes Oil Rig Count (Apr/17) 410
Iran Foreign Ministry Spox says Aragchi's tweet was within the framework of the ceasefire agreement of April 10, We do not have a new understanding; traffic in the Strait of Hormuz is carried out based on the agreement reached on April 10; via Fars News
Investors placed USD 760mln bet on falling oil price around 20 minutes before Iran's Foreign Minister announced the Strait of Hormuz was open, according to Reuters
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
A significant increase or decrease in this figure typically influences oil supply expectations and can impact prices, as it reflects drilling activity and sentiment in the sector. Traders should consider this data in conjunction with broader market dynamics, particularly in relation to oil prices and geopolitical factors.
Related headlines
- US MARKET WRAP: Stocks slide and yields reverse higher Aug 20
- US CRUDE WRAP: WTI (V6) SETTLES USD 2.44 HIGHER AT USD 86.83/BBLAug 20
- Japanese Money Supply M2 YY (Aug) 2.0% (Prev. 2.1%)6 hours ago
- Chinese Imports YY (CNY)(Aug) 21.7% (Prev. 21.2%)1 day ago
- Chinese Exports YY (CNY)(Aug) 18.6% (Prev. 17.8%)1 day ago
- Australian NAB Business Conditions (Aug) -1 (Prev. 4)1 day ago
- New Zealand Manufacturing Activity volume QQ (Q2) 0.8% (Prev. 3.6%)1 day ago
- New Zealand Manufacturing Activity QQ (Q2) 3.1% (Prev. 2.8%)1 day ago
- Swedish CPI Prel (Aug YY) 0.3% vs. Exp. 0.6% (Prev. 0.2%)1 day ago
- Swedish CPI Prel (Aug MM) -0.3% (Prev. -0.3%)1 day ago
- New Zealand Volume Of All Buildings SA QQ (Q2) 4.8% vs Exp. 1.0% (Prev. -3.5%)5 days ago
- New Zealand ANZ Commodity Prices (Aug) -0.4% (Prev. -4.0%)6 days ago
- South Korean Foreign Reserves (USD)(Aug) 442.3B (Prev. 428.0B)6 days ago
- Japanese Company Profits YY (Q2) 24.6% vs Exp. 15.2% (Prev. 14.6%)Aug 31
- New Zealand ANZ-RoyMorgan Consumer Confidence Index (Aug) 98.0 (Prev. 99.3)Aug 27
- Australian Private Capital Expenditure for 2026-27 (AUD)(Estimate 3) 200.7B (Prev. 173.4B)Aug 27
- Australian Private Capital Expenditure for 2025-26 (AUD)(Estimate 7) 210.0B (Prev. 207.6B)Aug 27
- South Korean Retail Sales YY (Jul) 6.4% (Prev. 9.5%)Aug 26
- Japanese BoJ Core CPI YY (Jul) 2.3% (Prev. 2.6%)Aug 25
- Hunterbrook Capital is long Modine (MOD), says Google (GOOGL) is the undisclosed customer behind an over USD 4bln agreement, plus USD 4.5bln in demandAug 21
The whole workspace, free to try.
Try it free