Baker Hughes US Oil Rig Count - ForexCracked
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United States

Baker Hughes US Oil Rig Count USD

Medium impact Updated after every release
Next release Fri, Sep 11 17:00 UTC · consensus TBA · previous 449  

What this release is

The Baker Hughes US Oil Rig Count tracks the number of active oil drilling rigs operating across the United States. This business sector data is released weekly by Baker Hughes, an energy technology company, and is sourced from bakerhughes.com.

Forex traders monitor this report as changes in active oil rigs can signal shifts in future oil production. Fluctuations in oil supply can influence global oil prices, which in turn affect inflation expectations and broader economic activity within the United States. These economic factors often play a role in shaping expectations for Federal Reserve monetary policy, which can impact the US Dollar.

The market typically focuses on the headline change in the rig count. As a weekly release, it provides frequent updates on drilling activity. After past releases, the US Dollar has shown a Medium impact, reflecting its relevance to the energy sector and broader economic outlook.

How hard it hits, measured

530 releases · own feed
Typical EURUSD move
4pips / 1h
Median absolute move in the hour after the release
Big-release move
8pips / 1h
Top-quarter releases move at least this much
Largest measured
50pips
Biggest one-hour reaction in our archive
Direction reliability
n/a
Unlocks after 8 live-captured releases with consensus. Measured, never estimated
Pair5 min15 min1 hourBig release (1h)
EURUSD1.8p2.8p4.2p8.0p
AUDUSD1.3p2.0p3.3p6.6p
GBPUSD2.4p3.7p6.3p11p
NZDUSD1.2p2.0p3.5p6.1p
USDCAD2.2p3.3p6.0p12p
USDCHF1.5p2.4p4.0p8.1p
USDJPY1.7p2.9p4.2p8.9p
XAUUSD5.4p8.0p15p34p

How we measure: moves come from our own MT4 price feed and our archived minute bars, sampled 5, 15 and 60 minutes after each release against the pre-release price. No estimates, no third-party numbers. Releases where our feed had a gap are skipped, never guessed.

What usually happens

conditional history
Beat above consensus Accumulating. Shows after 8 live-captured releases n=0 live
Miss below consensus Accumulating. Shows after 8 live-captured releases n=0 live
In line within the surprise band Accumulating. Shows after 8 live-captured releases n=0 live

These are counts of what happened after past releases, conditional on the surprise direction. They are history, not a forecast, and never a trade recommendation. Sample sizes are shown because small samples mislead; rows stay locked until the sample is honest.

Release history

accumulates every release
DateActualForecastPreviousRevised toEURUSD 1h
Sep 4, 2026449—447—-7.1pStory
Aug 28, 2026447—452—-6.3p—
Aug 21, 2026452—455—-1.9p—
Aug 14, 2026455—454—-6.1p—
Aug 7, 2026454—451—+2.0p—
Jul 31, 2026451—450—+16p—
Jul 24, 2026450—452—-8.7p—
Jul 17, 2026452—445—-3.4p—
Jul 10, 2026445—445—-13p—
Jul 2, 2026445—440———
Jun 26, 2026440—433—-3.6p—
Jun 18, 2026433—433—-2.7p—
Jun 12, 2026433—431—+0.1p—
Jun 5, 2026431—429—-8.0p—
May 29, 2026429—425—-9.9p—
May 22, 2026425—415—+2.2p—
May 15, 2026415—410—-3.3p—
May 8, 2026410—408—+1.1p—
May 1, 2026408—407—-5.0p—
Apr 24, 2026407—410—-5.7p—
Apr 17, 2026410—411—-3.2p—
Apr 10, 2026411—411—+3.0p—
Apr 2, 2026411—409—-1.7p—
Mar 27, 2026409—414—-6.6p—

Showing the latest 24 of 200 tracked releases.

Reaction = EURUSD move 60 minutes after the release, measured from our own price history. Story links appear for releases our news desk covered; every release gets a row here whether or not it gets a story. Values from before our live tracking began are the current figures in the official statistical series, so they include later revisions; live rows record the number as printed.

Market statistics, not financial advice. All reaction figures are measured from our own price feed under our published methodology.
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