US Baker Hughes Oil Rig Count (Feb/06) 412 (Prev. 411)
The slight increase in the US Baker Hughes Oil Rig Count from 411 to 412 may indicate a marginal uptick in drilling activity, which can signal anticipation of stronger future supply.
Kremlin says no current plans for a conversation between Putin and Trump, according to Al Arabiya
US President Trump administration may order a quadrupluing of beef imports from Argentina, according to CBS
US Baker Hughes Oil Rig Count (Feb/06) 412 (Prev. 411)
US Treasury Secretary Bessent reiterates US President Trump's comments about firing Fed Chair Nominee Warsh if he does not lower rates was a joke
Williams Companies (WMB) said to explore potential natural gas agreements for data centres, according to reports
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However, the change is minor and may not significantly alter the current market dynamics for WTI, unless it breaks a more substantial trend in rig additions. Traders should monitor broader supply-demand fundamentals for a clearer direction.
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