New data Baker Hughes Total Rigs Count (Jan/10)
1/10/2025
actual 584, previous 588
The Baker Hughes Total Rigs Count is a weekly report that provides data on the number of active drilling rigs in the United States. This data is important because it gives insight into the level of activity in the oil and gas industry, which can impact production levels, employment, and investment in the sector.In this specific event on January 10, 2025, the total rigs count was reported at 584, which was a decrease of 4 rigs from the previous report. This indicates a slight decline in drilling activity in the US.
As the impact of this event is categorized as "Low," the market reaction to this data may be limited compared to events with higher impact levels. However, investors and analysts still pay attention to this data as it can provide clues about the health of the energy sector and overall economic activity.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
