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Commodity Pre Session News

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(10 Mar 2025, 08:45)

Energy Preview: US rig count down 1 to 592 rigs, says Baker Hughes


The total number of active drilling rigs for oil and gas in the United States slipped last week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior. The total rig count fell by 1 rig, to 592, according to Baker Hughes, down 30 from this same time last year. The number of oil rigs stayed the same—down by 18 compared to this time last year. The number of gas rigs fell by 1 to 101 for a loss of 14 active gas rigs from this time last year. Miscellaneous rigs were unchanged at 5.

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