Energy inventories · United States
United States Baker Hughes Total Rigs Count
The United States Baker Hughes Total Rigs Count reports US stocks, production or activity in oil, fuels or natural gas for the latest week.
- Importance
- Medium
- Released
- Weekly
- Next release
- Currency
- USD · US dollar
- Central bank
- The Federal Reserve
Latest figures
The latest release, for NOV/06, was published on 6 November 2026 and came in at 604. It is up from 603 the time before.
Over the last 12 releases it ranged from 588 to 604, averaging 597.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 6 Nov 2026 | NOV/06 | 604 | – | 603 |
| 30 Oct 2026 | OCT/30 | 603 | – | 603 |
| 23 Oct 2026 | OCT/23 | 603 | – | 603 |
| 16 Oct 2026 | OCT/16 | 603 | – | 603 |
| 9 Oct 2026 | OCT/09 | 603 | – | 598 |
| 2 Oct 2026 | OCT/02 | 598 | – | 599 |
| 25 Sep 2026 | SEP/25 | 599 | – | 595 |
| 18 Sep 2026 | SEP/18 | 595 | – | 591 |
| 11 Sep 2026 | SEP/11 | 591 | – | 588 |
| 4 Sep 2026 | SEP/04 | 588 | – | 588 |
| 28 Aug 2026 | AUG/28 | 588 | – | 588 |
| 21 Aug 2026 | AUG/21 | 588 | – | 593 |
Why it matters
These weekly figures (from the Energy Information Administration, the American Petroleum Institute and rig counts) are the most timely measure of supply and demand in the world's largest oil market, and they move oil and gas prices on release. A larger build in stocks than expected usually pushes prices down.
How it is calculated
Refiners, storage terminals and pipelines report their holdings; the release shows the change from the previous week in barrels (or cubic feet for gas). Rig counts tally drilling rigs in operation.
What changes mean
- A draw (fall) in crude stocks when a build was expected is bullish for oil.
- Gasoline and distillate stocks show demand from drivers and industry.
- Cushing, Oklahoma is the delivery point of WTI futures; low stocks there tighten the market.
A short history
The US government began collecting weekly petroleum data after the oil crises of the 1970s; Baker Hughes has published its rig count since 1944.
Questions
What is the United States Baker Hughes Total Rigs Count?
The United States Baker Hughes Total Rigs Count reports US stocks, production or activity in oil, fuels or natural gas for the latest week.
What was the latest United States Baker Hughes Total Rigs Count?
604 for NOV/06, published on 6 November 2026.
When is the next United States Baker Hughes Total Rigs Count?
On Friday 13 November 2026 at 18:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.