Baker Hughes US Total Rig Count Rises to 593

The Baker Hughes US Total Rig Count was released at 593 on August 14, 2026, UTC. This figure represents an increase from the previous count of 588. No consensus figure was available for this release, so a comparison against market expectations is not possible.

Following the release, market reactions over the subsequent hour varied across major currency pairs and gold. AUDUSD moved -3.1 pips, EURUSD -6.1 pips, GBPUSD -6.9 pips, and NZDUSD -3.9 pips. USDCAD saw a +5.2 pip move, USDCHF +6.2 pips, and USDJPY +0.3 pips. For USDJPY, this move was small relative to its typical 1-hour median move of 4 pips after past releases. Gold, XAUUSD, moved -77 pips, which is notably larger than its historical median 1-hour move of 17 pips and its top-quarter move of 37 pips. Other pairs generally saw moves above or near their median historical 1-hour moves, but not reaching their top-quarter thresholds.