US Baker Hughes Total Rigs Count (Feb/20) 551 (Prev. 551)
The Baker Hughes Total Rigs Count unchanged at 551 indicates a stable drilling environment in the U.S.
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Baker Hughes Rig Count: Oil unchanged at 409, Natgas unchanged at 133, Total unchanged at 551
US Baker Hughes Total Rigs Count (Feb/20) 551 (Prev. 551)
US President Trump is planning to invoke new trade authorities in response to the Supreme Court’s ruling overturning his sweeping tariffs, according to NYT citing sources
Fed's Logan (2026 voter, Hawk) says uncertainty in the economy continues, one of the biggest uncertainties is from the tech sector
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oil sector. This stability may suggest a steady supply outlook, which could impact oil prices and related equities. Traders should consider the potential implications for market sentiment and broader commodity trends on the back of this data.
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