US Oil Drilling Picks Up As Brent Gains 4%

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• Free Analysis Rule Based Analysis not AI OIL Bullish 60% 6h
  Generated → 6h → Excluded

  Expired: not evaluated within 7 days of its 6h timeframe elapsing

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Original source

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 588, up 44 from this same time last year. The number of active oil rigs rose by 7, reaching 452 during the latest reporting period, according to the data. This is 30 above this same time last year. The number of gas rigs stayed the same, at 126, which is 9 more than this time last year. Miscellaneous rigs stayed at 10. The latest EIA data showed that…

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Original article published by OilPrice.com on July 17, 2026. Analysis and insights provided by AnalystMarkets AI.

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