US Baker Hughes Oil Rig Count (Jan/23) 411 vs. Exp. 411 (Prev. 410)

The latest Baker Hughes Oil Rig Count aligns with expectations, indicating stability in the energy sector activity.

Newsquawk StaffPublished 23 Jan 2026, 18:20 UTCOn the live feed at 18:00 UTC — 1 more headline followed before this page went public

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US Baker Hughes Oil Rig Count (Jan/23) 411 vs. Exp. 411 (Prev. 410)

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Context

With the count at 411, unchanged from both the previous period and expectations, it suggests no significant shifts in supply-side dynamics, which could imply steadiness in WTI prices. This stable data point may reassure markets about short-term oil production levels amidst prevailing volatility.

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