BAKER HUGHES: US OIL AND GAS RIG COUNT FALLS TO LOWEST LEVEL SINCE DECEMBER 2021

BAKER HUGHES: US OIL AND GAS RIG COUNT FALLS TO LOWEST LEVEL SINCE DECEMBER 2021
BAKER HUGHES: US OIL AND GAS RIG COUNT FALLS TO LOWEST LEVEL SINCE DECEMBER 2021

Baker Hughes reported a drop in the number of US oil and gas rigs.

The rig count fell for the third week in a row.

There were 576 rigs in the week ending January 24, 2025.

This is the lowest number of rigs since December 2021.