Baker Hughes US Oil Rig Count shows the number of active oil rigs operating in North America weekly.
The indicator evaluates activity in oil and gas industry. Estimated supply/demand values in the energy sector, as well as oil price level on both local and global scales are based on it.
Smaller number of active oil rigs is favorable for oil and refinery product prices.
The chart of the entire available history of the "Baker Hughes United States Oil Rig Count" macroeconomic indicator.