Baker Hughes US Oil Rig Count Registers 447, Down from Previous 452
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The Baker Hughes US Oil Rig Count for the United States was reported at 447 as of 2026-08-28 18:27 UTC. This figure represents a decrease from the previous count of 452 rigs. No consensus figure was available for this release.
Measured market reaction across major USD pairs was varied. AUDUSD moved -3.0 pips one hour after the release, while EURUSD moved -6.3 pips and GBPUSD moved -7.1 pips over the same period. NZDUSD saw a -0.6 pip move after one hour. USDCAD gained +4.0 pips, USDCHF gained +3.1 pips, and USDJPY moved -1.4 pips one hour post-release. For most pairs, these 1-hour moves were relatively small compared to their historical median 1-hour moves, such as EURUSD’s median of 4 pips and GBPUSD’s median of 6 pips. However, XAUUSD experienced a notable move of -102 pips one hour after the release, significantly exceeding its typical median 1-hour move of 15 pips.