Oil Rig Count: What's Behind the Fluctuations?
Update: 2025-10-24
Description
U.S. oil rig count rises slightly, but overall numbers still lag behind last year. Despite increased activity, oil production dips, while prices creep upward. Is this a blip or a sign of a bigger shift in strategy for oil companies? We break down the latest numbers from Baker Hughes and what they mean for the market.
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